Inventoriable goods were purchased on 5/4/01, terms 2/10, net 30, for $10,000. Using the perpertual...
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Inventoriable goods were purchased on 5/4/01, terms 2/10, net 30, for $10,000. Using the perpertual inventory method, the journal entry to record the payment dated 5/13/01 would a. A/P 10,000 Inv 200 Cash 9800 Cash 10,000 Pur Return 200 b. A/P 10,000 c. A/P 10,000 Cash 9800 d. None of the above
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