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Business, 30.10.2019 03:31 dfrtgyuhijfghj3496

On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is: a. cash 5,684sales discounts 116accounts receivable 5,800b. leash : accounts receivable5,6841 : 5,6841c. i cash: accounts receivable5,800 i : 5,800 id. leash: accounts receivable4,0001 : 4,000 ie. cash 3,920

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On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit...
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