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On May 1, Stacie, Inc. sold goods for $76,000, terms of 2/10, n/30. Required: a....

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Accounting

On May 1, Stacie, Inc. sold goods for $76,000, terms of 2/10, n/30. Required: a. Prepare the journal entry for the sale on May 1, assuming the gross price method is used. b. Prepare the journal entry for the sale on May 1, assuming the net price method is used. c. Prepare the journal entry to record the receipt of the payment, assuming collection is made on May 31 and the net price method is used. d. Prepare the journal entry to record the

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