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JogoyTurzic gage/Wv2 | Online teachi Tilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Schedule... Writing Commons... PB Olegon Writes Ope... eBook Calculator Print Item Appendix 1: Gross method for sales discounts Schofield

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JogoyTurzic gage/Wv2 | Online teachi Tilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Schedule... Writing Commons... PB Olegon Writes Ope... eBook Calculator Print Item Appendix 1: Gross method for sales discounts Schofield Co. sold merchandise on account to Bernard Retail Inc. for $15,000, terms 2/10, n/30. The cost of the merchandise sold was $8,000. Assuming Schofield Co. uses the gross method of recording sales discounts. a. Journalize the entries to record (1) the sale, including (2) the cost of the goods sold. If an amount box does not require an entry, leave it blank. (1) II II (2)

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