On october 1 snyder company made a 50000 sale giving the, Ask an Expert

Accounting

On October 1, Snyder Company made a $50,000 sale giving the customer terms of 3/10, n/30. The receivable was collected from the customer on October 8. What effect will the collection of cash from the receivable have on the company's financial statements?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M971509

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