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During the current year, merchandise is sold for $147,500 cash and $394,600 on account. The cost of the goods sold is $390,300. What is the
During the current year, merchandise is sold for $147,500 cash and $394,600 on account. The cost of the goods sold is $390,300. What is the amount of the gross profit?
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
