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5-3. Sales transactions Obj. 2 Journalize the following merchandise transactions: A) Sold merchandise on account, $72,500 with terms 2/10, 1/30. The cost of the merchandise

5-3. Sales transactions Obj. 2 Journalize the following merchandise transactions: A) Sold merchandise on account, $72,500 with terms 2/10, 1/30. The cost of the merchandise sold was $43,500. B) Received payment less the discount

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