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Action Signs recorded credit sales of $10,000 on the net method. Terms are 2/20, n 30. Select the correct statement about the entry to record

Action Signs recorded credit sales of $10,000 on the net method. Terms are 2/20, n 30. Select the correct statement about the entry to record this sale. Accounts receivable increases $10,000. Sales increase $9,800 O Sales discounts increase $200 All of the above are correct

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