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On April 22nd, Blue Company purchased inventory from Calistoga Corporation and and received an invoice...

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Question

Accounting

On April 22nd, Blue Company purchased inventory from Calistoga Corporation and and received an invoice in the amount of $5,400 with payment terms of 1/10, n/30. Blue uses the net method to record purchases. Blue should record this purchase at:

Multiple Choice

$5,400.

$2,673.

$5,346.

$5,454.

Answer & Explanation Solved by verified expert
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