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21 February, 01:15

Landon jewelers uses the perpetual inventory system. on april 2, landon sold merchandise with a cost of $3,500 for $8,000 to a customer on account with terms of 1/15, n/30. the journal entry to record the cost of goods sold would be:

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  1. 21 February, 03:44
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    the journal entry to record the cost of goods sold would be n = 3500, t = 1/15, n/30
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