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Harwell Company manufactures automobile tires. On July 15, 2016, the company sold 1,000 tires to the Nixon Car Company for $50 each. The terms of

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Harwell Company manufactures automobile tires. On July 15, 2016, the company sold 1,000 tires to the Nixon Car Company for $50 each. The terms of the sale were 2/10, n/30. Harwell uses the net method of accounting for cash discounts

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