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12-03-2020
Business

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Concord Company made a purchase of merchandise on credit from Pharoah Company on August 8, for $8300, terms 3/10, n/30. On August 17, Concord makes the appropriate payment to Pharoah. The entry on August 17 for Concord Company is:________

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12-03-2020

Answer: Debit accounts payable for 8, 300

Credit cash for 8,300

Explanation:

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