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A company purchases inventory on account for $45,000 with terms 2/10, n/30. Under the net method of accounting for purchases, the purchase would be recorded at:
a. $36,000.
b. $40,500.
c. $45,000.
d. $44,100.
Answers: 3
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A company purchases inventory on account for $45,000 with terms 2/10, n/30. Under the net method of...
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