BUISENESS MANAGEMENT
MERCHANDISING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The collection of a ₱ 750 account within the 5 percent discount period will result in a
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debit to Sales Discounts for ₱ 37.50
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debit to Accounts Receivable for ₱ 712.50
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credit to Cash for ₱ 712.50
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credit to Accounts Receivable for ₱ 712.50
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Explanation:
There is 1 question to complete.