The journal entry to record the sale

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Reference no: EM13754993

Merchandise with a sale price of $7,000 is sold on account with terms 2/10, n/30. The journal entry to record the sale would include a

A. Debit to Sales Discount for $140

B. Debit to Accounts Receivable for $6,860

C. Credit to Sales for $7,000

D. Debit to cash for $7,000

Reference no: EM13754993

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