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4&5 please! Question 4 2 pts Product costs are matched against sales revenue In the period immediately following the sale when the merchandise is purchased

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Question 4 2 pts Product costs are matched against sales revenue In the period immediately following the sale when the merchandise is purchased when the merchandise is sold In the period immediately following the purchase D Question 5 2 pts Assume the perpetual inventory method is used and the following events occurred ABC Company sold merchandise for $30.000 on account with terms 2/10, 1/30. The customer returned $2.000 of merchandise to ABC before the customer made any payment The customer paid the amount due within the discount period. ABC's inventory cost for the net amount of the goods that were sold was $13,440. The amount of gross margin recorded by ABC from the sale of this merchandise is: 0 514 160 0 $14.000 514,000 514,560

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