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4 ) Prepare a journal entry for the following sales transaction: a . Dec. 3 , Hardy Hardware sold $ 5 0 , 0 0

4) Prepare a journal entry for the following sales transaction:
a. Dec. 3, Hardy Hardware sold $50,000 of shovels on account, credit terms are 3/15, n/EOM, to Johns Construction, Co.
B. Dec. 10, Hardy Hardware received payment from Johns Construction, Co. on the amount due less the discount.

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