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Question 25 (2 points) Saved Boyd Company sold $20,000 of merchandise to Cardiff Company and accepted Cardiff's note. The journal entry to record this transaction
Question 25 (2 points) Saved Boyd Company sold $20,000 of merchandise to Cardiff Company and accepted Cardiff's note. The journal entry to record this transaction is NOTE: Assume that the entry at cost has been done, debit Notes Receivable $20,000; credit Cash $20,000 debit Sales $20,000; credit Notes Receivable $20,000 debit Notes Receivable $20,000; cedit Sales $20,000. debit Cash $20,000; credit Notes Receivable $20,000. AE
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