On January 6, Aaron Co. sells merchandise on account to Foley Inc. for $9,200, terms 1/10, n/30.
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Instructions
Prepare the entries on Aaron Co.’s books to record the sale and related collection. (Omit cost of goods sold entries.)
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Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118128169
5th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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