Question: Please provide the solution to this general accounting question with accurate financial calculations. A company purchased inventory for $150,000 on credit. The company has a

Please provide the solution to this general accounting question with accurate financial calculations.

A company purchased inventory for $150,000 on credit. The company has a 10% discount on purchases if paid within 30 days. The company paid within the discount period. What is the journal entry to record this transaction, considering the discount

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