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Hide Assignment Information Instructions A) Use the following information to answer the questions below: The Net Sales are B) Secret Trails received payment in full within the credit period for boarding for $800 plus 13% HST. Terms of the sale were 2/10,n/30. Entry is required to record this transaction? C) Singh Company received payment in full within the discount period for goods sold for $400 plus 13% HST. Terms of the sale were 2/10,n/30. Entry records this transaction? D) Match the following terms with their definitions or descriptions. 1. Accounts receivable subsidiary ledger 2. Cash receipts journal 3. Controlling account - Accounts Receivable 4. Credit memorandum 5 . Credit period 6. Crossfooting 7. Discount period 8. Gross sales 9. Sales Returns and Allowances 10. Sales Tax Payable a. The revenue earned from the sale of merchandise to customers. b. The process of proving the total debit and credit columns of a special journal. c. A business form sent to a customer indicating the seller is reducing the amount owed. d. A special journal that records all receipts of cash. e. A period shorter than the credit period to encourage early payment by customers. f. Length of time allowed for payment of goods sold on account. g. The Accounts Receivable account in the general ledger. h. A book or file of the individual records of amounts owed by credit customers. i. Contra revenue account that records adjustments granted to customers for returns. j. An account that accumulates sales tax owed