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A $50,000 sales transaction is made with terms of 2/10, net 30. What amount is recorded to the accounts receivable account when the sale is

A $50,000 sales transaction is made with terms of 2/10, net 30. What amount is recorded to the accounts receivable account when the sale is recorded under the gross method of accounting for cash discounts?

Question 4 options:

$49,000 credit

$50,000 debit

$50,000 credit

$49,000 debit

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