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On February 3, Smart Company sold merchandise in the amount of $1, 800 to Truman Company, with credit terms of 1/10, n/30. The cost of

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On February 3, Smart Company sold merchandise in the amount of $1, 800 to Truman Company, with credit terms of 1/10, n/30. The cost of the items sold is $1, 240. Smart uses the perpetual inventory system. Truman pays the invoice on February 8, and takes me appropriate discount. The journal entry that Smart makes on February 8 is

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