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Receipt of remaining balance Assume: January 11: Sale on account for $1,000 of merchandise; terms 2/10,n/30 Assume: January 21 , receive partial payment on $300

Receipt of remaining balance

Assume: January 11: Sale on account for $1,000 of merchandise; terms 2/10,n/30 Assume: January 21 , receive partial payment on $300 part of original sale Assume: Receipt of remaining balance Fubruary 2

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