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XYZ Ltd owed a creditor $400, subject to a 3% discount. The amount was paid within the discount period. The entry of XYZ Ltd to
XYZ Ltd owed a creditor $400, subject to a 3% discount. The amount was paid within the discount period. The entry of XYZ Ltd to record this payment is:
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Financial Accounting
Authors: Belverd E. Needles
5th Edition
0395698022, 978-0395698020
