Santa fe company purchased merchandise for resale from mesa


Santa Fe Company purchased merchandise for resale from Mesa Company with an invoice price of $25,100 and credit terms of 3/10, n/60. The merchandise had cost Mesa $17,118. Santa Fe paid within the discount period. Assume that both buyer and seller use a perpetual inventory system.

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Financial Accounting: Santa fe company purchased merchandise for resale from mesa
Reference No:- TGS01657677

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