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On November 10 of the current year, Flores Mills sold carpet to a customer for $8,900 with credit terms 1/10, n/30. Flores uses the gross
On November 10 of the current year, Flores Mills sold carpet to a customer for $8,900 with credit terms 1/10, n/30. Flores uses the gross method of accounting for sales discounts.
What is the correct entry for Flores on November 10?
Multiple Choice 8,811 Accounts receivable Sales discounts 89 Sales 8,900 Accounts receivable 8,980 Sales discounts 89 Sales 8,811 Accounts receivable 8,90 8,90 Sales 8,811 Accounts receivable Sales 8,811Step by Step Solution
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