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1. On December 3, Ivanhoe company sold $670,800 of merchandise on accounts to Sarasota co., on terms 3/10, n/10, FOB destination. Ivanhoe paid $460 for

1. On December 3, Ivanhoe company sold $670,800 of merchandise on accounts to Sarasota co., on terms 3/10, n/10, FOB destination. Ivanhoe paid $460 for freight charges. The cost of merchandise sold wa...

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