Question: On December 2 8 , 2 0 2 4 , Scythian Co . received $ 1 5 0 , 0 0 0 of goods purchased

On December 28,2024, Scythian Co. received $150,000 of goods purchased on account with terms 210,n30. Scythian Co. uses a perpetual inventory system and records accounts payable at their gross value. Scythian Co. paid the invoice on January 3,2025, before the financial statements were published.
a. December 28,2024
b. December 31,2024
On December 2 8 , 2 0 2 4 , Scythian Co .

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