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Prepare the necessary journal entries to record

Prepare the necessary journal entries to record 


Prepare the necessary journal entries to record the following transactions, assuming Barone
Company uses a perpetual inventory system.
(a) Purchased $30,000 of merchandise on account, terms 2/10, n/30.
(b) Returned $500 of damaged merchandise for credit.
(c) Paid for the merchandise purchased within 10 days.




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01 Apr 2016

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  1. Genius

    Prepare the necessary journal entries to record

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