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Mathematics, 27.09.2019 08:30, fendyli6066
Heidi’s accessories bought 50 necklaces for $10 each on account. the invoice included a 6% sales tax and payment terms of 2/10, n/30. five necklaces were returned prior to payment. the entry to record the payment (within the discount period) would include a credit to
a. cash for $477.
b. cash for $468.
c. accounts receivable for $477.
d. accounts receivable for $468.
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Answers: 1
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