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Question 5 (1 point) Wright Company recently made a $10,000 purchase from a major supplier....

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Question 5 (1 point) Wright Company recently made a $10,000 purchase from a major supplier. Shipping costs were $200, terms FOB shipping point. To record this purchase, Wright Company will need to debit the Merchandise Inventory account for $10,000. Cost of Goods Sold account for $200. Merchandise Inventory account for $10,200. Cost of Goods Sold account for $10,200

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