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E7-5 (Record sales gross and net) On June 3, Arnold Company sold to Chester ... having a sale price of $3000 with terms of 2/10,

E7-5 (Record sales gross and net) On June 3, Arnold Company sold to Chester ... having a sale price of $3000 with terms of 2/10, n /60, f.o.b. shipping point. ... On June 3, Arnold Company sold to Chester Company merchandise having a sale ... An invoice totaling $90, terms n/30, was received by Chester on June

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