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24-10-2017
Business

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On july 9, coronado company sells goods on credit to wildhorse company for $4600, terms 2/10, n/60. coronado receives payment on july 18. the entry by coronado on july 18 is:

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04-11-2017

JULY 9 Accounts Receivable 4600 Sales 4600 JULY 12 CASH($4600 x 98%) 4508 Sales Discounts 92 Accounts Receivable 4600

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