Garth Company sold goods on account to Kyle Enterprises with terms of 2/10, n/30.The goods had a cost of $600 and a selling price of $1,100.Both Garth and Kyle use a perpetual inventory system.Record the sale on the books of Garth and the purchase on the books of Kyle.

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The Answer of Garth Company sold goods on account to Kyle Enterprises with terms of 2/10, n/30.The goods had a cost of $600 and a selling price of $1,100.Both Garth and Kyle use a perpetual inventory system.Record the sale on the books of Garth and the purchase on the books of Kyle.

Garth Company Sold Goods on Account to Kyle Enterprises with Terms