Current Attempt in Progress The collection of a $3500 account within the 2 percent discount period...

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Current Attempt in Progress The collection of a $3500 account within the 2 percent discount period will result in a O credit to Accounts Receivable for $3430. O debit to Accounts Receivable for $3430. O credit to Cash for $3430. O debit to Sales Discounts for $70. Current Attempt in Progress The collection of a $3500 account within the 2 percent discount period will result in a O credit to Accounts Receivable for $3430. O debit to Accounts Receivable for $3430. O credit to Cash for $3430. O debit to Sales Discounts for $70.