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At Quaint Arts, gross sales for the month Half of the sales on account were paid within included: the discount period; the other accounts were
At Quaint Arts, gross sales for the month Half of the sales on account were paid within included: the discount period; the other accounts were paid in full by the end of the month. Sales on account (4/10, n/30) $100,00 Credit card sales (4% credit card fee) $240,00 Read the requirements. Now, record the cash payments on account received during the month. (Prepare a compound entry for all cash payments on account received during the month.) Journal Entry Date Accounts Debit Credit (c) Cash Sales Discounts Accounts Receivable 100000 Requirement 2. Calculate the net sales revenue for the month. Choose from any list or enter any number in the input fields and then continue to the next
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