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What the correct journal entry to record the payment on July

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Question - A company that uses the net method of recording purchases and a perpetual inventory system purchased $2,900 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $750 worth of merchandise. On July 28, it paid the full amount due. What the correct journal entry to record the payment on July 28?

Reference no: EM133060236

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