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Journalize the following merchandise transactions: A. Sold merchandise on account, $12, 800 with terms 2/10, net 30. The cost of the merchandise sold was $8,

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Journalize the following merchandise transactions: A. Sold merchandise on account, $12, 800 with terms 2/10, net 30. The cost of the merchandise sold was $8, 320. B. Received payment less the discount. If an amount box does not require an entry, leave it blank or enter "0

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