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Monique Wallace owns an upscale jewelry store in downtown Atlanta, GA. The following events occurred during her first year of operations, Year 1: 1. The
Monique Wallace owns an upscale jewelry store in downtown Atlanta, GA. The following events occurred during her first year of operations, Year 1: 1. The store sold on account merchandise with a list price of $73,000 on June 1, Year 1 . The sale offered the customer payment terms of 2/10,n/30. 2. On June 2, Year 1, the customer from the first event returned merchandise to Monique with a list price of $27,100. 3. On June 5, Year 1, Monique collected the balance of accounts receivable from the customer in Event 1. Required: Determine the amount of net sales from the information given
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