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Business, 19.03.2020 10:10 varonadestiny1109

Merchandise is sold on account on January 16, terms 2/10, n/30, and recorded by debiting Accounts Receivable and crediting Sales for $2,000. If payment occurs on January 21, the journal entry would include a credit to.

a. Sales Discounts for $40b. Accounts Receivable for $1,960c. Cash for $1,960d. Accounts Receivable for $2,000

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Merchandise is sold on account on January 16, terms 2/10, n/30, and recorded by debiting Accounts Re...
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