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The following tabular analysis to record the collection of a $800 account after the 2 percent discount period expires will show an increase to Accounts
The following tabular analysis to record the collection of a $800 account after the 2 percent discount period expires will show an increase to Accounts Receivable and Sales Revenue for $800. Sales Revenue and decrease to Cash for $784. Cash and Sales Revenue for $784. Cash and a decrease to Accounts Receivable for $800
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