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On November 10 of the current year, Flores Mills sold carpet to a customer for...

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Accounting

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On November 10 of the current year, Flores Mills sold carpet to a customer for $7,300 with credit terms 4/10,n/30. Flores uses the gross method of accounting for sales discounts: What is the correct entry for Flores on December 5 , assuming the correct payment was received on that date

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