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Record entries for december 1 and december 8

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Wyatt Company uses the net method to record inventory purchases. On December 1, Wyatt Company purchased merchandise listing for $4,500, subject to terms of 2/10, n/30. On December 8, Whyatt company remits a check for the amount due. Record entries for December 1 and December 8.

Reference no: EM132048557

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