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help me understand this step by step During the first month, Sunland collected $720,000 on assigned accounts after deducting $1,680 of discounts. Sunland wrote off

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During the first month, Sunland collected $720,000 on assigned accounts after deducting $1,680 of discounts. Sunland wrote off a $1,920 assigned account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)

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