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Tissia
Mar 11, 2008, 11:34 AM
Sold inventory on credit terms 2/15, n/45, $3,900 (cost, $1,800).
pready
Oct 23, 2008, 02:30 PM
Debit Accounts Reveivable 3,900
Credit Sales Revenue 3,900

Debit Cost of Goods Sold 1,800
Credit Merchandise Inventory 1,800