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Sheffield Co . uses the net method to account for cash discounts. On June 1 , 2 0 2 5 , it made sales of
Sheffield Co uses the net method to account for cash discounts. On June it made sales of $ with terms On
June Sheffield received full payment for the June sale.
Prepare the required journal entries for Sheffield CoIf no entry is required, select No Entry" for the account titles and enter for the
amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before
credit entries. Record journal entries in the order presented in the problem.
Date
Account Titles and Explanation
Debit
Credit
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