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Orange Co. sold Red Co. merchandise on account FOB shipping point, 1/10, net 30, for $10,755. Orange Co. prepaid the $207 shipping charge. Using the

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Orange Co. sold Red Co. merchandise on account FOB shipping point, 1/10, net 30, for $10,755. Orange Co. prepaid the $207 shipping charge. Using the perpetual inventory method, which of the following entries will Red Co. make if Red Co. pays within the discount period? Select the correct

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