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Cora sent an invoice to Maria for $2000 less 20% trade discount. Cora has omitted to enter the invoice in

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Cora sent an invoice to Maria for $2000 less 20% trade discount. Cora has omitted to enter the invoice in her sales journal. What effect will this have on her accounts?

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Debit Maria's account Credit A B understated $1600 C D understated $2000 understated $1600 understated $2000 Sales account Debit understated $1600 understated $2000 Credit understated $1600 understated $2000

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Accounting A Level And AS Level

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Authors: Harold Randall

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Question Details
Chapter # 3- Books of prime (or original) entry
Section: MULTIPLE-CHOICE QUESTIONS
Problem: 3
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Question Posted: August 27, 2023 09:16:58
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