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Stylon Co., a women's clothing store, purchased $48,000 of merchandise from a supplier on account,...

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Accounting

Stylon Co., a women's clothing store, purchased $48,000 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30. Stylon returned merchandise with an invoice amount of $7,500, receiving a credit memo.
a. Journalize Stylon's entry to record the purchase.
If an amount box does not require an entry, leave it
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