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The customer paid on 9/25 / 20 What is XYZ's journal entry on 9/25 / 20 ? Debit Cash $225,000 ; credit Accounts Receivable $225,000
The customer paid on 9/25 / 20 What is XYZ's journal entry on 9/25 / 20 ? Debit Cash $225,000 ; credit Accounts Receivable $225,000 Debit Cash $220,500 , debit Sales Discount $4,500; credit Accounts Receivable $ 225,000 Debit Cash $225,000 ; credit Accounts Receivable $220,500; credit Sales Discounts Forfeited $4,500 None of these are correct Debit Accounts Receivable $220.500 ; credit Cash $ 220,500
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