Question: on July 1 5 , 2 0 2 4 the Niche Car Company purchaed 2 7 0 0 tires from the Treadwell Company for 3

on July 15,2024 the Niche Car Company purchaed 2700 tires from the Treadwell Company for 30$ each. The terms of the sale were 3/10, n/30. Niche uses a perpetuual inventory system and the net method of accouning for purchase discounts.

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