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Merchandise with a sales price of $13,000 is sold on account with terms 2/10, 1/30. The Journal entry to record the sale would include a

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Merchandise with a sales price of $13,000 is sold on account with terms 2/10, 1/30. The Journal entry to record the sale would include a Oa. debit to Customer Refunds Payable for $260 Ob. debit to Cash for $13,000 Occredit to Sales for $12,240 Od debit to Accounts Receivable for $13.000

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