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Restin co uses the gross method to record sales made on

1. Restin Co. uses the gross method to record sales made on credit. On June 1, 2010, it made sales of $50,000 with terms 3/15, n/45. On June 12, 2010, Restin received full payment for the June 1 sale. Prepare the required journal entries for Restin Co.

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Accounting Basics: Restin co uses the gross method to record sales made on

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Accounting Basics: Restin co uses the gross method to record sales made on

Reference No:- TGS01490976

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