On january 6 aaron co sells merchandise on account to foley
Problem
On January 6, Aaron Co. sells merchandise on account to Foley Inc. for $9,200, terms 1/10, n/30. On January 16, Foley pays the amount due.
Prepare the entries on Aaron Co.'s books to record the sale and related collection.
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problemon january 6 aaron co sells merchandise on account to foley inc for 9200 terms 110 n30 on january 16 foley pays
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