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Prepare the required journal entries for restin co

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Question - Restin Co. uses the gross method to record sales made on credit. On June 1, 2014, it made sales of $54,100 with terms 2/15, n/45. On June 12, 2014, Restin received full payment for the June 1 sale.

Prepare the required journal entries for Restin Co.

Reference no: EM132060400

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