Betterbuy sells 50000 of tvs to a customer betterbuy


Question - BetterBuy sells $50,000 of TVs to a customer. The terms include a 2% discount if paid in 7 days and a 1% discount if paid in 8-14 days. BetterBuy receives the money in 12 days. How would the transaction be recorded by BetterBuy?

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Accounting Basics: Betterbuy sells 50000 of tvs to a customer betterbuy
Reference No:- TGS02867639

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