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Your answer is partially correct. Concord Co . uses the net method to account for cash discounts. On June 1 , 2 0 2 5

Your answer is partially correct.
Concord Co. uses the net method to account for cash discounts. On June 1,2025, it made sales of $66,600 with tems 415,n45. On June 12,2025. Concord received full payment for the June 1 sale.
Prepare the required journal entries for Concord Co.(ff no entry is required, select "No Entry" for the account titles and enter ofor the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent marually. List ali debit entries before credit entries. Record journal entries in the order presented in the problem.)
Date Account Titles and Explanation
Debit
Credit
June 1
Accounts Recelvable
Sales Revenue
June 12
Cash
Accounts Recelvable
eTextbook and Media
List of Accounts
Attempts: 1 of 3 used
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