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Business, 22.06.2019 09:40 leomessifanboy678

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

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As related to a company completing the purchase to pay process, is there an accounting journal entry...
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