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QUESTION 16 Using a periodic inventory system, the sellers journal entry to record the payment for merchandise, received from the buyer, within the discount period

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QUESTION 16 Using a periodic inventory system, the sellers journal entry to record the payment for merchandise, received from the buyer, within the discount period includes a: A. Debit to Sales Discounts OB. Credit to Sales Discounts C. Debit to Accounts Receivable D. Debit to Cost of Goods Sold

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