Solved: On june 1 2014 it made sales of 54100 with terms 215 n45 on, Accounting Basics

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On june 1 2014 it made sales of 54100 with terms 215 n45 on

Question - Restin Co. uses the gross method to record sales made on credit. On June 1, 2014, it made sales of $54,100 with terms 2/15, n/45. On June 12, 2014, Restin received full payment for the June 1 sale.

Prepare the required journal entries for Restin Co.

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Accounting Basics: On june 1 2014 it made sales of 54100 with terms 215 n45 on

Reference No:- TGS02853862

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Accounting Basics: On june 1 2014 it made sales of 54100 with terms 215 n45 on

Reference No:- TGS02853862

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