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What amount should norfolk debit to the inventory account

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Reference no: EM132735018

Problem 1: Norfolk Sporting Goods purchases merchandise with a catalog list price of $13,675. The retailer receives a 37% trade discount and credit terms of 2/10, n/30. What amount should Norfolk debit to the Inventory account? Round your answer to the nearest whole dollar.

Reference no: EM132735018

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