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Business, 27.07.2020 01:01 lavontaebreazeovw645

Required: 1. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2021, assuming that the gross method of accounting for cash discounts is used. 2. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2021, assuming that the gross method of accounting for cash discounts is used.

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Required: 1. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) an...

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