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The following tabular analysis to record a sale of $1500 with terms of 2/10, n/30 will show Cash + Assets Accounts Receivable = Liabilities =
The following tabular analysis to record a sale of $1500 with terms of 2/10, n/30 will show Cash + Assets Accounts Receivable = Liabilities = + O an increase to Cash and Sales Revenue for $1500. an increase to Sales Revenue and Accounts Receivable for $1500. an increase to Sales Revenue and a decrease to Inventory for $1470. a decrease Inventory and Sales Discounts for $30. Stockholders' Equity + Inventory Accounts Payable + Common Stock + Rev. Retained Earnings - Exp. Div.
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