Flint Co. records purchase discounts lost and uses perpetual inventories. Prepare journal entries in general...

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Accounting

image Flint Co. records purchase discounts lost and uses perpetual inventories. Prepare journal entries in general journal form for the following: (a) Purchased merchandise costing 900 with terms 2/10,n/30. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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