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Logan Company Made a Purchase of Merchandise on Credit from Claude

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Logan Company made a purchase of merchandise on credit from Claude Corporation on August 3, for $5,000, terms 2/10, n/45. On August 10, Logan makes the appropriate payment to Claude. The entry on August 10 for Logan Company is Logan Company made a purchase of merchandise on credit from Claude Corporation on August 3, for $5,000, terms 2/10, n/45. On August 10, Logan makes the appropriate payment to Claude. The entry on August 10 for Logan Company is

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