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On June 3,Addison Company Purchased Merchandise Worth $1,600 on Credit,terms

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On June 3,Addison Company purchased merchandise worth $1,600 on credit,terms 2/10,n/30.The amount paid on June 15.What is the required journal entry to record the payment under the periodic inventory system?


A) On June 3,Addison Company purchased merchandise worth $1,600 on credit,terms 2/10,n/30.The amount paid on June 15.What is the required journal entry to record the payment under the periodic inventory system? A) B) C) D)
B) On June 3,Addison Company purchased merchandise worth $1,600 on credit,terms 2/10,n/30.The amount paid on June 15.What is the required journal entry to record the payment under the periodic inventory system? A) B) C) D)
C) On June 3,Addison Company purchased merchandise worth $1,600 on credit,terms 2/10,n/30.The amount paid on June 15.What is the required journal entry to record the payment under the periodic inventory system? A) B) C) D)
D) On June 3,Addison Company purchased merchandise worth $1,600 on credit,terms 2/10,n/30.The amount paid on June 15.What is the required journal entry to record the payment under the periodic inventory system? A) B) C) D)

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