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Garza Company Made a $135,000 Sale with Terms 2/10, N/45

Question 203

Multiple Choice

Garza Company made a $135,000 sale with terms 2/10, n/45: If the company uses the gross method of accounting for sales, the sale should be recorded with a debit to Accounts Receivable and a credit to Sales for which of the following amounts?


A) $135,000.
B) $132,300.
C) $137,700.
D) $121,500.
E) $148,500.

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