Merchandise vith a sales price of $4,700 is sold on account with terms 2/10, n/30. The...
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Merchandise vith a sales price of $4,700 is sold on account with terms 2/10, n/30. The journal entry to record the sale would include a Oa. debit to Customer Refunds Payable for $94 Ob. credit to Sales for $4,606 Oc. debit to Accounts Receivable for $4,700 Od. debit to Cash for $4,700 Merchandise vith a sales price of $4,700 is sold on account with terms 2/10, n/30. The journal entry to record the sale would include a Oa. debit to Customer Refunds Payable for $94 Ob. credit to Sales for $4,606 Oc. debit to Accounts Receivable for $4,700 Od. debit to Cash for $4,700
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Related Book For
Financial accounting
ISBN: 978-0136108863
8th Edition
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
Posted Date:
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