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Brandt industrial Supply offers terms of 2110, n/30 to its wholesale customers. Brandrs cost of goods sold is 20% of sales. The company had the

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Brandt industrial Supply offers terms of 2110, n/30 to its wholesale customers. Brandrs cost of goods sold is 20% of sales. The company had the following transactions during October: 1. (Click the ion to view the transactions.) Read the requirements. Requirement 1. Record Brandre transactions, including the cont of goods sold entry for each sale. (Use the gross method to record the sales transactions. Record debits first, then credits. Exclude explanations from any (oumal entres.) October 1: Sold 510,000 of merchandise to Padalecki Co. on account. Do not record the oost of goods sold eniry yet. We will do that in the next step. Requirements method to record the sale Cancel 1. Record Brand's transactions, including the cost of goods sold entry for each sale. 2. Calculate the net sales revenue for the month. More info

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