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The Journal Entry to Record a Sales Discount Taken by a Customer

Question 28

Multiple Choice

The journal entry to record a sales discount taken by a customer would include:


A) A debit to Accounts Receivable and Sales Discount
B) A debit to Cash and Sales Discount
C) A debit to Sales and a credit to Accounts Receivable
D) A debit to Cash and a credit to Sales Discount

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