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Leno Company sells goods to the Fallon Company for $10,000. It offers credit terms of...

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Accounting

Leno Company sells goods to the Fallon Company for $10,000. It offers credit terms of 510,n30. If Fallon Company pays the invoice within the discount period, Leno Company will record a debit to Cash in the amount of:
A. $10,500.
B. $10,000.
C. $9,500.
D. $500.
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