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A company uses the gross method to record sales made on credit. On June 10, 2014, the company sold goods worth $200,000 with terms 2/10,

A company uses the gross method to record sales made on credit.

On June 10, 2014, the company sold goods worth $200,000 with terms 2/10, n/30 to Customer A.

On June 19, 2014, the company received payment for 1/2 of the amount due from Customer A.

The company

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