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A $50,000 sale transaction is made with terms of 2/10, net 30 . Assuming that the customer takes the discount, what amount is booked to

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A $50,000 sale transaction is made with terms of 2/10, net 30 . Assuming that the customer takes the discount, what amount is booked to the "cash discount" account under the net method of recording a discount? \begin{tabular}{|} $0 \\ $1,000 debit \\ $1,000 credit \\ $49,000 debit \end{tabular} Question 2 (1 point) Saved A $50,000 sale transaction is made with terms of 2/10, net 30 . What amount is debited to the accounts receivable account when the sale is made under the gross method of accounting for cash discounts? $49,000 credit $49,000 debit $50,000 credit $50,000 debit

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