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(a) On July 1, Marigold Co. sold merchandise on account to Waegelein Inc. for $17,000, terms 4/10,n/30. (b) On July 8, Waegelein Inc. returned merchandise

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(a) On July 1, Marigold Co. sold merchandise on account to Waegelein Inc. for $17,000, terms 4/10,n/30. (b) On July 8, Waegelein Inc. returned merchandise worth \$4,900 to Marigold Co. (c) On July 11, Waegelein Inc. paid for the merchandise

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