Solany1202 Solany1202

02-11-2022
Business

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purchase-related transactions oppenheimer company purchased merchandise on account from a supplier for $84,000, terms 1/10, n/30. oppenheimer company returned $16,000 of the merchandise and received full credit. a. what is the amount of cash required for the payment within the discount period? $fill in the blank 1 b. under a perpetual inventory system, what account is credited by oppenheimer company to record the return?

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