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Prepare the entries on waterway industries books to record

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Reference no: EM132692021

Problem 1: On January 6, Waterway Industries sells merchandise on account to Harley Inc. for $9,200, terms 3/10, n/30. On January 16, Harley pays the amount due. Prepare the entries on Waterway Industries's books to record the sale and related collection.

Reference no: EM132692021

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