=+For the fiscal year, sales were $5,280,000, sales discounts were $100,000, sales returns and allowances were $75,000,

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=+For the fiscal year, sales were $5,280,000, sales discounts were $100,000, sales returns and allowances were $75,000, and the cost of merchandise sold was $3,000,000.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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