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QUESTION 1 Presented below is information from Strong Computers Bhd July 1 Sold RM30,000 of computers to Smallwood Sdn Bhd with terms 3/15, n/60. Strong
QUESTION 1 Presented below is information from Strong Computers Bhd July 1 Sold RM30,000 of computers to Smallwood Sdn Bhd with terms 3/15, n/60. Strong Computers uses the gross method to record cash discounts. 10 Strong Computers received payment from Smallwood for the full amount owed from the July transactions. 17 Sold RM250,000 in computers and peripherals to the Hanan Store with terms of 2/10, n/30. 30 | The Hanan Store paid Strong Cpmputers for its purchase of July 17 REQUIRED: Prepare the necessary journal entries for Strong Computers Bhd
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