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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 it made sales of $ with tems On June Concord received full payment for the June sale.
Prepare the required journal entries for Concord Coff 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
Accounts Recelvable
Sales Revenue
June
Cash
Accounts Recelvable
eTextbook and Media
List of Accounts
Attempts: of used
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