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Fast2F Fast2F
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Betsy's pottery sold 200 tiles at $25.00 each to a charge customer, terms 1/10, n/30. Which entry is required to record this transaction?
A) Debit Accounts Receivable $5,000; credit Tile Sales $5,000
B) Debit Accounts Payable $4,050; credit Tile Sales $4,050
C) Debit Cash $5,000; credit Tile Sales $5,000
D) Debit Accounts Receivable $4,050; debit Sales Discount $50.00; credit Tile Sales $5,000
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College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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AugustisAugustis
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6 years ago
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6 years ago
I wish I would have known about this service with my other classes.
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Happy to help Slight Smile
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Thank you
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