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bout Question 7 1 pts Companies can consider selling their receivables because they may be the only reasonable source of cash. True False Sunetian 8
bout Question 7 1 pts Companies can consider selling their receivables because they may be the only reasonable source of cash. True False Sunetian 8 1 pts Question 10 1 pts Cyrus sold merchandise on account to Swift Company for $700, terms 2/10, n/30. What is the journal entry Cyrus booked recorded to record the sale? Dr Accounts Receivable 700 Cr Sales Revenue 700 Dr Accounts Receivable 700 Cr Unearned Income 700 Dr Accounts Receivable 686 Cr Sales Revenue 686 Dr Accounts Receivable 686 Cr Unearned Income 686
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