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Prepare the journal entries for the sale

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Question - Grill Master sells its specialty combination gas/wood-fired grills to local restaurants. Each grill is sold for $1,050 (cost $610) on credit with terms 3/30, net/90. Prepare the journal entries for the sale of 21 grills on September 1, 2014, and upon payment, assuming the customer paid on October 15, 2014. Assume the company records sales net.

Reference no: EM132019468

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