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189 Bryant Company Sold Goods on Account to Kolmer Enterprises with with Terms

Question 198

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189
Bryant Company sold goods on account to Kolmer Enterprises with terms of 2/10, n/30.The goods had a cost of $600 and a selling price of $800.Both Bryant and Kolmer use a perpetual inventory system.Record the sale on the books of Bryant and the purchase on the books of Kolmer.

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