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Maxie's Game World sold games to a customer on credit for $ 3 , 7 0 0 , terms 1 1 0 , n 3
Maxie's Game World sold games to a customer on credit for $ terms and the cost of the games was $ When recording the collection from the customer made within the discount period, in its cash receipts journal, Maxie's would enter:
$ in the Cash Dr column, $ in the Sales Discount Dr column and $ in the Accounts Receivable Cr column.
$ in the Accounts Receivable DrSales Cr column and $ in the Cash Cr column.
$ in the Cash Dr column and $ in the Accounts Receivable Cr column.
$ in the Cash Dr column and $ in the Accounts Receivable Cr column.
$ in the Cash Dr column. $ in the Sales Cr column, and $ in the Cost of Goods Sold DrInventory Cr column.
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