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majestico majestico
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7 years ago
On October 1, Oak Company purchased $10,000 of merchandise from City Seed Company, terms 2/10, n/30, and prepared voucher #222. Oak paid the invoice on October 15.

Required: Prepare journal entries to record the above transactions. Assume Oak uses the net method and the periodic inventory system for recording purchases.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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7 years ago
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majestico Author
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7 years ago
Thanks
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Just got PERFECT on my quiz
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Smart ... Thanks!
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