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Hal and Laura's Yummy Foods (a food truck business) bought $100 of soda to sell this weekend. They paid $80 in cash for the soda

Hal and Laura's Yummy Foods (a food truck business) bought $100 of soda to sell this weekend. They paid $80 in cash for the soda and charged the remaining $20, to be paid at a later date. How should Hal and Laura's Yummy Foods record the transaction?

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