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  3. the collection of a $3,000 account after the 2% di

The collection of a $3,000 account after the 2% discount period will result in a...

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Accounting

The collection of a $3,000 account after the 2% discount period will result in a debit to
Accounts Receivable for $3,000.
Sales Discounts for $60.
Cash for $2,940.
Cash for $3,000.
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