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During the current year, merchandise is sold for $118,500 cash and $504,300 on account. The cost of merchandise sold is $454,600. What is the amount
During the current year, merchandise is sold for $118,500 cash and $504,300 on account. The cost of merchandise sold is $454,600. What is the amount of the gross profit?
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
