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JOURNAL ENTRIES

When a client takes advantage of prompt pay 2% cash discount, how is it shown in a T-account? Also, .... ... read on

An owner brought a new car that he financed $13,000 with a 12% interest rate and put down a payment .... ... read on

How do I book a journal entry for direct labor cost incurred $49,000 and indirect labor cost incurred $21,000? ... read on