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A customer bought an item from X Company on credit for $1,000 on January 5th. On January 25th, the customer paid $1,000 in cash. The
A customer bought an item from X Company on credit for $1,000 on January 5th. On January 25th, the customer paid $1,000 in cash. The January 25th entry will include: 1. Credit to Sales for $1,000 2. Credit to Accounts Receivable for $1,000. 3. Credit to Cash for $1,000. 4. Credit to Equipment for $1,000. 0 1 O2 a 3 0 4
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