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Long corporation is a fabric manufacturing company. On January 20, Long made sales to Lyndsay Lace in the amount if $15,000 with terms of 2/10,

Long corporation is a fabric manufacturing company. On January 20, Long made sales to Lyndsay Lace in the amount if $15,000 with terms of 2/10, n/30. Lindsay's paid Long on January 28. Long records Accounts receivables and sales at the gross price.

Prepare the related journal entries for Long

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