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Mathematics 16 Online
OpenStudy (anonymous):

Heidi’s Accessories bought 50 necklaces for $10 each on account. The invoice included a 6% sales tax and payment terms of 2/10, n/30. Five necklaces were returned prior to payment. The entry to record the payment (within the discount period) would include a credit to A. Cash for $477. B. Cash for $468.C. Accounts Receivable for $477.

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