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Bridgeport co uses the gross method to record sales made on

Question - Bridgeport Co. uses the gross method to record sales made on credit. On June 1, 2017, it made sales of $58,200 with terms 2/15, n/45. On June 12, 2017, Bridgeport received full payment for the June 1 sale.

Prepare the required journal entries for Bridgeport Co.

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Accounting Basics: Bridgeport co uses the gross method to record sales made on

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Accounting Basics: Bridgeport co uses the gross method to record sales made on

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