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Prepare the entries on petro cos books to record the sale

On January 6, Petro Co. sells merchandise on account to Chose Inc. for $9,200, terms 1/10, n/30. On January 16, Chose pays the amount due.

Instructions

Prepare the entries on Petro Co.'s books to record the sale and related collection. (Omit cost of goods sold entries.)

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Accounting Basics: Prepare the entries on petro cos books to record the sale

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Accounting Basics: Prepare the entries on petro cos books to record the sale

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