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Unformatted text preview: ) Requirement 2 April 27 Debit Credit Sales Allowance 500 Accounts Receivable 500 ( Sales allowance for credit sale ) Requirement 3 April 30 Debit Credit Cash 2,000 Accounts Receivable 2,000 ( Cash collection on account less sales allowance ) Requirement 4 Service revenue $2,500 Less: Sales allowances 500 Net sales $2,000...
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This note was uploaded on 02/27/2012 for the course MGMT 200 taught by Professor Greigg during the Spring '08 term at Purdue.
- Spring '08