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Entity A made a credit sale of merchandise to a customer of $4,500 on November...

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Accounting

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Entity A made a credit sale of merchandise to a customer of $4,500 on November 1, terms 210, not30. The customer retiamed $500 of the merchandise the nect diay. The customer paid the amount due and owing on November 9 . What amount did Entify A recoive from the customer? $4,410 $4,500 $4,000 $3,920 3 points All of the following statements are correct about a multiple-step income statement except: It highlights the components of net incorne. It results in a larger amount of net income (or a smaller net loss) than a single-step income statement, It allows investors and creditors to clearly see non-operating revenues and gains and expenses and losses which may not recar: It contains amounts for gross profit and income from operations

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