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Prepare journal entries on the Crane Company books to record all the events noted above under each of the following bases. Sales and receivables are
Prepare journal entries on the Crane Company books to record all the events noted above under each of the following bases. Sales and receivables are entered at gross selling price. Sales and receivables are entered at net of cash discounts.(If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
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