Juniper company, inc. uses a perpetual inventory system. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 16, it paid the full amount due. the correct journal entry to record the purchase on august 7 is:

Respuesta :

The amount would be -  $8,167.50

Answer:

false

Explanation:

A wholesaler buys products from manufacturers or other wholesalers and sells them to consumers