On June 20, Ying Company purchased goods from Chee-Chow Company for HK$30,000, terms 2\10, n\30.The invoice was paid on June 27.The company uses a perpetual inventory system and records purchases gross.The June 27 journal entry to record payment of the account would include:

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The Answer of On June 20, Ying Company purchased goods from Chee-Chow Company for HK$30,000, terms 2\10, n\30.The invoice was paid on June 27.The company uses a perpetual inventory system and records purchases gross.The June 27 journal entry to record payment of the account would include:

On June 20, Ying Company Purchased Goods from Chee-Chow Company