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Darko Inc. made a $40,000 sale on account with terms of 1/15, n/30. If the company uses the gross method, which of the following
Darko Inc. made a $40,000 sale on account with terms of 1/15, n/30. If the company uses the gross method, which of the following will be included in the journal entry to record the sale on account? A. credit Sales Revenue $40,000 B. credit Accounts Receivable $40,000 OC. debit Cash $40,000 D. debit Sales Discount $400
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Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th edition
1118096894, 978-1-11921511, 978-1118096895
