Question-carrie company, Carrie Company sold merchandise

Question-carrie company

Reference no: EM13257698

Carrie Company sold merchandise with an invoice price of $1,000 to Underwood, Inc., with terms of 2/10, n/30. Which of the following is the correct entry to record the payment by Underwood within the 10 days if the company uses the periodic inventory system and the gross method to record purchases?

Reference no: EM13257698

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