=+15. Salem Company sold merchandise on account to Boulder Co., $36,200, terms FOB shipping point, 1/10, n/30.

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=+15. Salem Company sold merchandise on account to Boulder Co., $36,200, terms FOB shipping point, 1/10, n/30. Salem Company paid freight of $900, which was added to the invoice. The cost of the merchandise sold was $19,600.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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