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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? $0 $1,000 debit $1,000 credit $49,000 debit

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