Business, 11.03.2020 03:05 maganns14

Bonita Company uses a perpetual inventory system made a purchase of merchandise on credit from Sandhill Corporation on August 3, for $8500, terms 3/10, n/45. On August 10, Bonita makes the appropriate payment to Sandhill. The entry on August 10 for Bonita Company is:

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Bonita Company uses a perpetual inventory system made a purchase of merchandise on credit from Sandh...