Business
Business, 23.10.2021 02:30, Tiff7859

Juniper Company, Inc. uses a perpetual inventory system. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 16, it paid the full amount due. The correct journal entry to record the payment on August 16 is:

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Juniper Company, Inc. uses a perpetual inventory system. The company purchased $9,750 of merchandise...

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