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3 On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 2/10, 1/30 Flores uses the

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3 On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 2/10, 1/30 Flores uses the gross method of accounting for sales discounts 0 What is the correct entry for Flores on November 17, assuming the correct payment was received on that date? Multiple Choice Cash Sales Accounts receivable 7,840 160 8.000 7.840 Cash Accounts receivable 11:40 Cash Sales discounts Accounts receivable Sales 8.00 160 3,000 160 7,840 100 Sales discounts Accounts recevabin 1,000

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