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1.Draw a graphic representation of Sales and Collection Cycle for Flanco LLC showing/using all the relevant accounts/transaction entries listed below: a.Sales b.Cash in bank c.Cash
1.Draw a graphic representation of Sales and Collection Cycle for Flanco LLC showing/using all the relevant accounts/transaction entries listed below:
a.Sales
b.Cash in bank
c.Cash Discounts Taken
d.Accounts Receivable
e.Sales return and Allowances
f.Bad debt expense
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