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Business, 10.04.2020 15:48 melissapulido198

Purple Corp. purchased $10,000 of merchandise on June 3, subject to the terms, 2/10, n/30. On June 9, it pays for all the merchandise purchased on June 3. Purple Corp. records discounts using the gross method in a perpetual inventory system. The entry on June 9 will reduce:

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Purple Corp. purchased $10,000 of merchandise on June 3, subject to the terms, 2/10, n/30. On June 9...
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