A company receives a discount for paying for merchandise purchased within the discount period. How...
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A company receives a discount for paying for merchandise purchased within the discount period. How will the amount of the discount be recorded in a perpetual inventory system? decrease to Accounts Receivable increase to Accounts Payable increase to Cash decrease to Inventory 
A company receives a discount for paying for merchandise purchased within the discount period. How will the amount of the discount
be recorded in a perpetual inventory system?
decrease to Accounts Receivable
increase to Accounts Payable
increase to Cash
decrease to Inventory
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