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Julia Company sold goods for a total selling price of $6,100. The sale was made on account. The terms of the sale are 4/20, n/60.

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Julia Company sold goods for a total selling price of $6,100. The sale was made on account. The terms of the sale are 4/20, n/60. When Julian recorded this credit sale, Julia debited Accounts Receivable for $6,100. Assume that Julia collects the cash 23 days after the sale. Which ONE of the following is included in the journal entry Julia Company must make to record the receipt of cash after 23 days? Note: We are NOT recording the original sale; instead, we are recording the subsequent collection of the cash on account. O A DEBIT to Accounts Receivable for $6,100 O A DEBIT to Accounts Receivable for $5,856 O A CREDIT to Cash for $6,100 A DEBIT to Cash for $5,856 O A CREDIT to Accounts Receivable for $6,100 O A CREDIT to Cash for $6,100 O A CREDIT to Cash for $5,856

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