Create the journal entries for brad''s bakery if company

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Reference no: EM133434332

Question: On May 20th, 2021, Brad's Bakery sold cookies on account to Company A for their graduation event for a gross price of $500 with the credit terms of 4/10, n/30.

If company A paid for the cookies on May 28th, how much would they pay for them? Show your calculation.

Create the journal entries for Brad's Bakery if Company A paid for the cookies on May 31st.

Reference no: EM133434332

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