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Posted: **Sun May 29, 2022 8:35 pm**

: Exercise 3 Garth Company Sold Goods On Account To Kyle Enterprises With Terms Of 2 10 N 30 The Goods Had A Cost Of 6 1 (29.44 KiB) Viewed 22 times

Exercise 3: Garth Company sold goods on account to Kyle Enterprises with terms of 2/10, n/30. The goods had a cost of $600 and a selling price of $1,100. Both Garth and Kyle use a perpetual inventory system. Record the sale on the books of Garth and the purchase on the books of Kyle.