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Describe how the transactions listed would be handled applying the gross method and the net method. For example: A $750 invoice with 3/10 net 30

Describe how the transactions listed would be handled applying the gross method and the net method. For example: A $750 invoice with 3/10 net 30 terms.

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Transaction Gross Method (a) Record original transaction (b) Returned purchases (c) Discounts taken (d) Discounts not taken Net Method

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