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Merchandise with a sales price of $5,100 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 $5,100 is sold on account with terms 2/10, 1/30. The Journal entry to record the sale would include a Oa debit to Accounts Receivable for 55,100 Ob. debit to Customer Refunds Payable for 5102 Oc. credit to Sales for $4.998 Od debit to Cash for 55,100 Previous Merchandise is ordered on November 10; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on November 13, the merchandise is received by the buyer on November 18, the entry is made in the buyer's accounts on November 20. The credit period begins with what date? a. November 13 Ob. November 15 c. November 10 Od. November 20 Next > All Soad Submest for Grasing

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