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Leno Company sells goods to the Fallon Company for $12,000. 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 $12,000. 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: OA. $600. OB. $12,600. OC. $11,400. OD. $12,000.
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