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on january , a company sold goods on Crdit with list price $50,000, terms 3/10 n/30. Use method of accounting for receivables. You are required

on january , a company sold goods on Crdit with list price $50,000, terms 3/10 n/30. Use method of accounting for receivables.
You are required to record the collection of the money assumingthe customer paid on January 25
image text in transcribed
January1 , method of accounting recevables
Date Accounts Dr $ Cr $ 1st Jan

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