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The list price in Boytons catalog indicates that Product A sells for $3,000 with a trade discount of 5%. Bayton sells the goods to a
The list price in Boytons catalog indicates that Product A sells for $3,000 with a trade discount of 5%. Bayton sells the goods to a customer who qualifies for the trade discount. at what amount should Boyton record the sale and related account receivable?
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