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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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6 years ago
The entry to record a purchase of $5,000 on account, terms of 2/10, n/30, would include a:
A) credit to Accounts Payable for $5,000.
B) credit to Cash for $5,000.
C) debit to Accounts Payable for $5,000.
D) debit to Purchases Discount for $100.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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6 years ago
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upton Author
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6 years ago
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