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A company offers a 25% trade discount when providing services of $5,000 or more to its customers. Record the transaction when the company provides services

A company offers a 25% trade discount when providing services of $5,000 or more to its customers.

Record the transaction when the company provides services of $8,600 (not including the trade discount) on the account. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field).

Note: Enter debits before credits.

 

Event General Journal Debit Credit

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