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August 1 Purchased merchandise from Aron Company for $7, 500 under credit terms of 1/10, n/30, FOB destination, invoice dated August 1. August 5 Sold

August 1 Purchased merchandise from Aron Company for $7, 500 under credit terms of 1/10, n/30, FOB destination, invoice dated August 1. August 5 Sold merchandise to Baird Corporation for $5, 200 under...

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