Described below are certain transactions of Edwardson Corporation
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Course
Business
Institution
Lycée François-Philibert Dessaignes
Question:
Described below are certain transactions of Edwardson Corporation. The company uses the periodic inventory system.
1. On February 2, the corporation purchased goods from Martin Company for $70,000 subject to cash discount terms of 2/10, n/30. Purchases and accounts payable are recorded by...
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