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Prepare the required journal entries for Coronado Co

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Question - Coronado Co. uses the gross method to record sales made on credit. On July 1, 2020, it made sales of 84,000 with terms 2/10 n/30. On July 9, 2020, Coronado received full payment for the July 1 sale. Prepare the required journal entries for Coronado Co.

Reference no: EM132515156

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