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I need help inderstanding why the answer is 11400 Feb. 3: Hilton sold $12,000 of craft supplies on account, credit terms are 5/10, 1/30, to
I need help inderstanding why the answer is 11400 
Feb. 3: Hilton sold $12,000 of craft supplies on account, credit terms are 5/10, 1/30, to Quinn's Quilts. Cost of goods is $3,000, Begin by preparing the entry to Joumalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step Accounts Debit Accounts Receivable-Quinn's Quilts 11.400 Sales Revenue Date Credit Feb 3 11.400
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie Miller-Nobles, Brenda Mattison, Ella Mae Matsumura
7th Global Edition
1292412321, 9781292412320
