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Lamps Unlimited, a wholesaler, sold several crates of lighting for $2,700 on account, to a customer with credit terms of 1/20, n/60. If the customer
Lamps Unlimited, a wholesaler, sold several crates of lighting for $2,700 on account, to a customer with credit terms of 1/20, n/60. If the customer pays within the discount period, the journal entry to record the receipt of payment would include
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