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0612 Selated Transactions Merchandise is sold on account to a customer for 59,500, terms FOB shipping point, 2/10, 1/30. The seller paid the freight of

0612
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Selated Transactions Merchandise is sold on account to a customer for 59,500, terms FOB shipping point, 2/10, 1/30. The seller paid the freight of $490. Determine the following Amount of the sale Amount debited to Accounts Receivable Amount received within the discount period b. 6

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