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On November 10 of the current year, Flores Mills sold carpet to a customer for $8,500 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 $8,500 with credit terms 1/10, n/30. Flores uses the gross method of accounting for cash discounts.

What is the correct entry for Flores on November 17, assuming the correct payment was received on that date?

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