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On Nyember 10 of the current year, Flores Mills sold carpet to a customer for $7,000 with credit terms 1/10, n/30. Flores uses the gross
On Nyember 10 of the current year, Flores Mills sold carpet to a customer for $7,000 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 Cholce Accounts receivable 6,930 sales discounts 70 Sales 7,e00 Accounts receivable Sales discounts 7,000 70 Sales 6,930 Accounts receivable sales 7,e0 7,e00 Accounts receivable 6,930 6,930 Sales
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