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Click and Save Bookstore distributes hardback books to retail stores and extends c of 2/10, n/30 to all of its customers. At the end of

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Click and Save Bookstore distributes hardback books to retail stores and extends c of 2/10, n/30 to all of its customers. At the end of June, Click and Save's inventory of 250 books purchased at RM1.250. During the month of July, the following mer transactions occurred: Jul 1 Purchased 260 books on account for RM5 each from Cekap Publish destination, terms 2/10, n/30. The appropriate party also made a cash pa RM100 for freight on this date. Sold 220 books on account to Active Readers for RM10 each. 6 Received RM5 credit each for 20 books returned to Cekap Publishers. 9 Paid Cekap Publishers in full, less discount. 15 Received payment in full from Active Readers. 17 Sold 200 books on account to Beta Books for RM10 each. 20 Purchased 210 books on account for RM5 each from Beacon Publish

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