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Merchandise with a sales price of $3,500 is sold on account with terms 3/10, n/60. The journal entry to record the sale would include a

Merchandise with a sales price of $3,500 is sold on account with terms 3/10, n/60. The journal entry to record the sale would include a

debit to Merchandise Inventory for $105

credit to Sales $3,395

credit to Sales for $3,500

debit to Cash for $3,500
Dind questions Qresos

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Question

Merchandise with a sales price of $3,500 is sold on account with terms 3/10, n/60. The journal entry to record the sale would include a

Merchandise with a sales price of $3,500 is sold on account with terms 3/10, n/60. The journal entry to record the sale would include a debit to Merchandise Inventory for $105 credit to Sales $3,395 credit to Sales for $3,500 debit to Cash for $3,500 Dind questions Qresos

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Merchandise with a sales price of $3,500 is sold on account with terms 3/10, n/60. The journal entry to record the sale would include a

debit to Merchandise Inventory for $105

credit to Sales $3,395

credit to Sales for $3,500

debit to Cash for $3,500
Dind questions Qresos