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The entry to record the receipt of payment within the discount period on a sale...

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Question

Accounting

The entry to record the receipt of payment within the discount period on a sale of $2300 with terms of 2/8, n/30 will include a

credit to Sales Discounts for $46.

debit to Sales Revenue for $2254.

credit to Accounts Receivable for $2300.

credit to Sales Revenue for $2300.

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