Use the information from BE8-2, assuming Montoya Co. uses the net method to account for cash discounts.

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Use the information from BE8-2, assuming Montoya Co. uses the net method to account for cash discounts. Prepare the required journal entries for Montoya Co.


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Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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