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1. An invoice, with payment terms of 2/10, 1/30, was issued on April 28 for AED 250.00. If the payment was made on May 12,
1. An invoice, with payment terms of 2/10, 1/30, was issued on April 28 for AED 250.00. If the payment was made on May 12, the amount of payment will be (Round your answer to the nearest dirham.) AED Forever Jewelers uses the gross method and a perpetual inventory system. On April 2. Forever sold merchandise with a cost of AED 1,700 for AED 5,600 to a customer on account with terms of 2/15, 1/30. Which of the following would be included in the journal entry to record the cash receipt on April 10? Credit/Debit to Sales Discount in the amount of AED (Both must be correct for credit) 3. Carpenter, Inc. generated sales revenues of AED 1,400,000 in 2019. Its cost of goods sold amounted to $50,000. Calculate Carpenter's gross profit percentage. %
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