On January 6 Gramke Co. sells merchandise on account to Colt Inc. for $8,000, terms 1/10, n/30.
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Instructions
Prepare the entries on Gramke Co.’s books to record the sale and related collection.
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Jan 6 Accounts Receivable x Co...View the full answer
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Related Book For 
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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