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What the journal entry that johnson will make on september

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Reference no: EM133022218

Question - On September 12, Ryan Company sold merchandise in the amount of $9,400 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5,800. Johnson uses the periodic inventory system and the net method of accounting for purchases. What the journal entry that Johnson will make on September 12?

Reference no: EM133022218

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