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27 The collection of a $600 account within the 2 percent discount period will result in a 10 credit to Cash for $588 a debit

27 The collection of a $600 account within the 2 percent discount period will result in a 10 credit to Cash for $588 a debit to Sales Discounts for $12.b credit to Accounts Receivable for $588.co debit to Accounts Receivable for $588.d

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