Question
Crane Company made a $25400 sale on account with the following terms: 1/15, n/30. If the company uses the gross method to record sales made
Crane Company made a $25400 sale on account with the following terms: 1/15, n/30. If the company uses the gross method to record sales made on credit, what is/are the debit(s) in the journal entry to record the sale?
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| Debit Accounts Receivable for $25400. |
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| Debit Accounts Receivable for $25146. |
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| Debit Accounts Receivable for $25146 and Sales Discounts for $254. |
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| Debit Accounts Receivable for $25400 and Sales Discounts for $254. |
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Development Of A Methodology For Customizing Insider Threat Auditing On A Linux Operating System
Authors: William T. Bai, Air Force Institute Of Technology (U.S.)
1st Edition
1249449847, 978-1249449843
