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On February 3, Smart Company sold merchandise in the amount of $5,800 to Truman C the items sold is $4,000 the Company, with
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Journal Entries - Smart Company
Date Particulars Debit Credit
8-Feb Cash Dr $5,684.00
Sales Discount Dr $116.00
               To Accounts receivables $5,800.00
(To record collection of receivables)
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