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Need answered urgently asap!!!!! system and cost of goods sold was $15,000(60% of sales). Estimated sales returns are 4% of sales. On day 12, Star
Need answered urgently asap!!!!!
system and cost of goods sold was $15,000(60% of sales). Estimated sales returns are 4% of sales. On day 12, Star recorded the necessary entries for a sales return of $400 related to the initial credit sale of $25,000 above. Items costing $240 were accepted by Star with the return. Star uses IFRS. system and cost of goods sold was $15,000(60% of sales). Estimated sales returns are 4% of sales. On day 12, Star recorded the necessary entries for a sales return of $400 related to the initial credit sale of $25,000 above. Items costing $240 were accepted by Star with the return. Star uses IFRS
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