On June 3 0 , 2 0 1 9 Company X buy merchandises for an amount of
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On June Company X buy merchandises for an amount of EUR A discount of is granted on the invoice if paid in the next days after reception of the merchandises. Merchandises and invoice are received at the same date and the company pays immediately in order to benefit from the discount.
Prepare the accounting entries at payment date.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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