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1. For BBB Corp accounts: On 1 August BBB Corp sells 2 million BBs to Canadian Tire for $43 976. An invoice is issued

1. For BBB Corp accounts: On 1 August BBB Corp sells 2 million BBs to Canadian Tire for $43 976. An invoice is issued by BBB to Canadian Tire on the same day. Canadian Tire pays BBB the full amount in cash on 30 August. Date Account and Explanation Debit Credit Year Date Account 1 Account 2 Description

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