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1 Big Blue Inc. sells $100,000 worth of merchandise to a customer on April 1st. The terms are 3/15n/30. 2 The customer pays for $50,000

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1 Big Blue Inc. sells $100,000 worth of merchandise to a customer on April 1st. The terms are 3/15n/30. 2 The customer pays for $50,000 worth of the merchandise on April 12th. 3 The customer pays for the remaining merchandise on April 26th. 5 Make all of the required entries on the three dates for the two discount methods \begin{tabular}{l|l} \hline 6 & \\ \hline 7 & GROSS METHOD \\ \hline \end{tabular} 8 April 1st 10 11 12 13 April 12th 14 14 15 16 17 18 19 April 26th 20 \begin{tabular}{|l|} \hline NET METHOD \\ \hline April 1st \end{tabular} April 12th 21 22 23

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