(5 points) On November 1, IRHT, Inc sold $380,000 on account to a customer with terms 8 10,n 30 The client paid 70 of their bill on November 7, then paid their balance on November 23 If IRHT, Inc uses the net method for recording credit sales, what would the entry on November 23 include (A 5) debit to Cash for $104,880 and credit to Sales Discounts for $9,120 debit to Cash and credit to Accounts Receivable for $104,880 debit to Cash and credit to Sales Discounts Forfeited for $9,120 debit to Cash for $114,000 and credit to Sales Discounts Forfeited for $9,120

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(5 points) On November 1, IRHT, Inc  sold $380,000 on account to a customer with terms 8 10,n 30  The client paid 70  of their bill on November 7, then paid their balance on November 23  If IRHT, Inc  uses the net method for recording credit sales, what would the entry on November 23 include  (A 5) debit to Cash for $104,880 and credit to Sales Discounts for $9,120 debit to Cash and credit to Accounts Receivable for $104,880 debit to Cash and credit to Sales Discounts Forfeited for $9,120 debit to Cash for $114,000 and credit to Sales Discounts Forfeited for $9,120

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(5 points) On November 1, IRHT, Inc. sold $380,000 on account to a customer with terms 8/10,n/30. The client paid 70% of their bill on

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