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1. Purchase of merchandise with cash. Post the transactions in the given order. a. Merchandise is purchased for cash, $1,500. b. Merchandise listed at $3,500,

1. Purchase of merchandise with cash. Post the transactions in the given order. a. Merchandise is purchased for cash, $1,500. b. Merchandise listed at $3,500, less a trade discount of 15%, is purchased for cash. Cash

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