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On May 10, Eddy, inc sold $5000 of merchandise to a cstumer subject to a cash discount of 1/10, n/30. Prepare the journal entry to

On May 10, Eddy, inc sold $5000 of merchandise to a cstumer subject to a cash discount of 1/10, n/30. Prepare the journal entry to record the sale if Eddy uses the gross method or the net method.

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