2. Explain the reason for using the perpetual net sales method of recording sales versus...
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Accounting
2. Explain the reason for using the perpetual net sales method of recording sales versus the gross sales method. Explain how a sale would be recorded with a discount on the example. Explain how a company records the payment of an invoice if the discount date has past. Give an example. seller's books (two journals). Give an payment is received after the invoice
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