=+4. Sold merchandise for cash, $18,200. The cost of the merchandise sold was $11,000. 5. Purchased merchandise

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=+4. Sold merchandise for cash, $18,200. The cost of the merchandise sold was $11,000.

5. Purchased merchandise on account from Stafford Co., $21,300, terms FOB shipping point, 2/10, n/30, with prepaid freight of $600 added to the invoice.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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