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What is the correct entry for Flores on December

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Reference no: EM132861941

Question - On November 10 of the current year, Flores Mills sold carpet to a customer for $7,900 with credit terms 2/10, n/30. Flores uses the gross method of accounting for sales discounts.

Required - What is the correct entry for Flores on December 5, assuming the correct payment was received on that date?

Reference no: EM132861941

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