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On November 10 of the current year, Hores Mills sold carpet to a customer for $7,600 with credit terms 3710, /30. Flores uses the gross

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On November 10 of the current year, Hores Mills sold carpet to a customer for $7,600 with credit terms 3710, /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? Multiple Choice Cash Accounts receivable 7,372 7,372 Cash Sales discounts Accounts receivable Sales 7,600 2281 7,600 228

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