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20. MG Retail sold merchandise for $800 subject to credit terms of 3/10,n/30. Which one of the following is part of the journal entry made

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20. MG Retail sold merchandise for $800 subject to credit terms of 3/10,n/30. Which one of the following is part of the journal entry made by MG Retail to record the collection in full within the discount period in a perpetual inventory system? Debit to Sales Discounts for $24 b. Debit to Cash for $824 c. Credit to Accounts Receivable for $824 d. Credit to Inventory for $24

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