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On June 1, Alpha Co. sold merchandise on account to Nova Company for $20,000 terms 2/10, n/30, and on June 15, Alpha Co. received payment
On June 1, Alpha Co. sold merchandise on account to Nova Company for $20,000 terms 2/10, n/30, and on June 15, Alpha Co. received payment from Nova Co. for the balance due, the journal entry for the transaction on June 15
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