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  • 07-01-2024
  • Business
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The entry to record the receipt of payment within the discount period on a sale of $2300 with terms of 2/8 is:

a) Debit Accounts Receivable $2300, Credit Cash $2300
b) Debit Cash $2300, Credit Sales $2300
c) Debit Cash $2300, Credit Accounts Receivable $2300
d) Debit Sales $2300, Credit Cash $2300

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