(Answered) On september 15 krug company purchased merchandise

Accounting

On September 15, Krug Company purchased merchandise inventory from Makarov with an invoice price of $ 35,000 and credit terms of 2/10, n/30. Schneider Company paid Makarov on September 28. Prepare any required journal entry(ies) for Schneider Company ( the purchaser) on:

(a) September 15,

(b) September 28. Assume Krug uses the perpetual inventory method.

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