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Mar. 1 Sold merchandise on account, $76,550 with terms 2/10, n/30. The cost of the merchandise sold was $44,950. 9 Received payment less the
Mar. 1 Sold merchandise on account, $76,550 with terms 2/10, n/30. The cost of the merchandise sold was $44,950. 9 Received payment less the discount. 13 Issued a $2,400 credit memo for damaged merchandise. The customer agreed to keep the merchandise.
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