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A company sells goods on credit for R80,000. Which one of the following entries correctly records the transaction? A. Debit trade receivables and credit sales

A company sells goods on credit for R80,000. Which one of the following entries correctly records the transaction? A. Debit trade receivables and credit sales R80,000 B. Credit inventories and debit trade receivables R80,000 C. Credit trade payables and debit sales R80,000 D. Debit cash and credit sales R80,000

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