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Macrae? Products, a manufacturer of building? products, buys raw gypsum on credit on May 16. It processes this gypsum to make dry plaster powder on

Macrae? Products, a manufacturer of building? products, buys raw gypsum on credit on May 16. It processes this gypsum to make dry plaster powder on May 20 and pays cash for the raw gypsum on May 3

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