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A business sells $100 worth of goods to a customer, the customer pays $50 in cash immediately and will pay the remaining $50 in 30 days time. What is the double entry to record the purchase in the customer's accounting records? A. Debit payables $50, debit cash $50, credit purchases $100 B. Debit purchases $100, credit payables $50, credit cash $50 C. Debit purchases $100, credit cash $100 D. Debit cash $50, credit payables $50, credit purchases $50 |