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If merchandise is sold for $2,000 subject to credit terms of 2/10,n/30, the entry to record collection in full within the discount period would include

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If merchandise is sold for $2,000 subject to credit terms of 2/10,n/30, the entry to record collection in full within the discount period would include a a. credit to Sales Discounts for $40. b. credit to Cash for $1,960. c. credit to Accounts Receivable for $40. d. none of the above

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