Question: Work out problem #2 2. On June 1, 2023, Clayton Company sold merchandise on credit at an invoice price of $1,000; terms 2/10,n/30. Required: Prepare

Work out problem #2 Work out problem #2 2. On June 1, 2023, Clayton Company sold

2. On June 1, 2023, Clayton Company sold merchandise on credit at an invoice price of $1,000; terms 2/10,n/30. Required: Prepare the journal entries to record the following: A. To record the sale. B. Assumption A: To record collection on June 28, 2023. C. Assumption B: To record collection on June 9, 2023

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