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4. A credit sale with the term 3/10, n/15 was made to Customer A. in the amount of P 20,000 on November 20, 2017. a. Give the entry to record the sale. b. Give the entry to record the payment if made on November 29, 2017.

4. A credit sale with the term 3/10, n/15 was made to Customer A. in the amount of P 20,000 on November 20, 2017. a. Give the entry to record the sale. b. Give the entry to record the payment if made on November 29, 2017.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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4. A credit sale with the term 3/10, n/15 was made to Customer A. in the amount of P20,000 on November 20, 2017. a. Give the entry to record the sale. b. Give the entry to record the payment if made on November 29, 2017. ang on
Transcribed Image Text:4. A credit sale with the term 3/10, n/15 was made to Customer A. in the amount of P20,000 on November 20, 2017. a. Give the entry to record the sale. b. Give the entry to record the payment if made on November 29, 2017. ang on
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