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Leno Company sells goods to the Fallon Company for $ 11,000. It offers credit terms of 5/10, n/30. If Fallon Company pays the invoice within
Leno Company sells goods to the Fallon Company for $ 11,000. It offers credit terms of 5/10, n/30. If Fallon Company pays the invoice within the discount period, Leno Company will record a debit to Cash in the amount of:
$550
$11,000
$10,450
$11,550
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