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. During the year, L&M Leather Goods sold 1,170,000 reversible belts under a new sales promotional program. Each belt carried one rebate certificate which entitles

. During the year, L&M Leather Goods sold 1,170,000 reversible belts under a new sales promotional program. Each belt carried one rebate certificate which entitles the customer to a $4.30 cash r...

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