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What the journal entry that smart makes on february is

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Problem 1: On February 3, Smart Company sold merchandise in the amount of $2,600 to Truman Company, with credit terms of 2/10, n/30. The cost of the items sold is $1,800. Smart uses the perpetual inventory system and the gross method. Truman pays the invoice on February 8, and takes the appropriate discount. The journal entry that Smart makes on February 8 is:

Reference no: EM132807446

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