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On June 15. the Jackson Company sold merchandise for $2, 600 on terms of 2/10, n/30 to Clement Company. FOB shipping point. The cost of

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On June 15. the Jackson Company sold merchandise for $2, 600 on terms of 2/10, n/30 to Clement Company. FOB shipping point. The cost of this merchandise to Jackson was S1, 950. On June 16. $75 freight charges were paid by the appropriate company. On June 20. Clement returned $600 of merchandise (cost to Jackson was $450)

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