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Cash Accounts Receivable Allowance for Doubtful Accounts Interest Receivable Inventory Inventory-Estimated Returns Refund Liability Sales Revenue Sales Returns Sales Discount Sales Discount Forfeited Cost of
Cash Accounts Receivable Allowance for Doubtful Accounts Interest Receivable Inventory Inventory-Estimated Returns Refund Liability Sales Revenue Sales Returns Sales Discount Sales Discount Forfeited Cost of Goods Sold Bad Debt Expense N/A Recording Cash Discount Entries-Net Method and July 19 for Lynx Inc. assuming use of the net method in accounting for credit sales. Omit the cost of goods sold entry. Note: Round your answers to the nearest whole number
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