Question: Select the correct Dr. and Cr. to record this event..... Your retail store uses Perpetual Inventory system for managing inventory. Your vendor offers credit terms

Select the correct Dr. and Cr. to record this event..... Your retail store uses Perpetual Inventory system for managing inventory. Your vendor offers credit terms of 2/10, net 30 on all transactions. You pay the invoice early within the grace period. Record this event. Note: The "rows" will shuffle for each student. Pay close attention to what each row is requiring.... and select the right Dr. and Cr. accordingly. . Will you dr. or cr...... Merchandise Inventory? Choose... Choose... Will you dr. or cr..... Accounts Payable? . Choose... Will you dr. or cr..... Cash

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