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Business, 16.12.2019 23:31 Kemby12

Apr. 20 purchased $38,000 of merchandise on credit from locust, terms n/30. tyrell uses the perpetual inventory system. may 19 replaced the april 20 account payable to locust with a 90-day, $35,000 note bearing 8% annual interest along with paying $3,000 in cash. july 8 borrowed $54,000 cash from nbr bank by signing a 120-day, 11% interest-bearing note with a face value of $54,000. __

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Apr. 20 purchased $38,000 of merchandise on credit from locust, terms n/30. tyrell uses the perpetua...
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