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Merchandise with a sales price of $1,500 is sold on account with terms 2/10, n/30. The journal entry to record the sale would include a

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Merchandise with a sales price of $1,500 is sold on account with terms 2/10, n/30. The journal entry to record the sale would include a a.debit to Accounts Receivable for $1,450 b.debit to Sales Discounts for $30 c.debit to Cash for $1,500 d.credit to Sales for $1,470 The supplies account had a balance of $4,314 at the beginning of the year and was debited during the year for $2,416, representing the total of supplies purchased during the year. If $289 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year is a $289 b.$6,730 C.$6,441 d.$2,705 What is the total stockholders' equity based on the following account balances? Common Stock $533,900 Paid-In Capital in Excess of Par 55,700 Retained Earnings 184,180 Treasury Stock 25,700 a $589,600 b. $748,080 C.$799,480 d.$773,780

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