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Need Net Sales and Gross Profit from this table below, thank you so much. a. Sold merchandise for cash (cost of merchandise $30,797) b. Received
Need Net Sales and Gross Profit from this table below, thank you so much.
a. Sold merchandise for cash (cost of merchandise $30,797) b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) for cash $55,200 refund (original cost of merchandise $390 ) c. Sold merchandise (costing $5,225) to a customer on account with terms n/60 d. Collected half of the balance owed by the customer in (c) e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. 11,000 5,500 176Step by Step Solution
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