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A company sells merchandise to a customer, on credit, for $2,000. The credit terms are 2/10,n/30. What would the journal entry include if the customer

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A company sells merchandise to a customer, on credit, for $2,000. The credit terms are 2/10,n/30. What would the journal entry include if the customer pays after 30 days? debit: Interest Revenue, $40 credit: Accounts Receivable, $1,960 debit: Cash, $2,000 credit: Cash, $2,040

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