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Question 21 2.5 points Sa ABC Inc. made a 10,000 sale on account with the following terms: 2/10, n/30. If the company uses net method
Question 21
2.5 points Sa ABC Inc. made a 10,000 sale on account with the following terms: 2/10, n/30. If the company uses net method to record sales made on credit, what is/are the debit(s) in the journal entry to record the A. Debit Accounts Receivable for 10,000 and Sales Discounts for 200 B. Debit Accounts Receivable for 10,000 C. Debit Accounts Receivable for 9,800 and Sales Discounts for 200 D. Debit Accounts Receivable for 9,800Step by Step Solution
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