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Provide the Journal Entry to Record Each Transaction: Taco Tuesday Company sells merchandise to Freedom Friday Corporation on January 4, 2016 for $2,000 cash. Taco

Provide the Journal Entry to Record Each Transaction: Taco Tuesday Company sells merchandise to Freedom Friday Corporation on January 4, 2016 for $2,000 cash. Taco Tuesday paid $1,100 for the merchandise from its vendor. What will Taco Tuesday record on January 4 for this sale?

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