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Adidea Corp. received $4,000 cash for merchandise sold, $1,200 cash for an accounts receivable payment, and $500 cash for a loan payment. How would the company record these transactions in its cash receipt journal?

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Aliwohaish12
Cash. Dr. 5700
To sales. 4000
ToAccounts receivable 1200
To loan payable. 500

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Answer:

a

Step-by-step explanation:

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