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On January 3, Company Z sold inventory for $1,000 with terms 3/10,n/30. On January 27 , the company received a check for the balance due.

On January 3, Company Z sold inventory for $1,000 with terms 3/10,n/30. On January 27 , the company received a check for the balance due. Record the journal entry on January 27 . Assume the company uses the net method

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