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I need journal entry pls The entity sold merchandise costing P600,000. It had a total list price of P1,000,000. It was sold at less 5%
I need journal entry pls The entity sold merchandise costing P600,000. It had a total list price of P1,000,000. It was sold at less 5% and 3%, and with credit terms of 2/10, n/30. Using the gross method, what is the journal entry to record the collection if the customer paid on the tenth day? You may use parenthetical solutions.
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