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Business, 27.09.2019 22:30 oKINGDEROo

On february 3, smart company, inc. sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:

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On february 3, smart company, inc. sold merchandise in the amount of $5,800 to truman company, with...
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