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On September 8, a company provides services on account to a customer for $2,700, terms 4/10, n/30. The customer pays for thos

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Answer #1
Date General Journal Debit Credit
Sept 8 Accounts Receivable 2,700
Service Revenue 2,700
(To record service revenue)
Sept 15 Cash ($2,700 - $108) 2,592
Sales Discount ($2,700 * 4%) 108
Accounts Receivable 2,700
(To record cash collected)
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