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On March 25, Osgood Company sold merchandise on account, $3,200, terms n/30. The applicable sales tax percentage is 7%. The cost of merchandise sold is

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On March 25, Osgood Company sold merchandise on account, $3,200, terms n/30. The applicable sales tax percentage is 7%. The cost of merchandise sold is $1,888. Record the transaction. If an amount box does not require an entry, leave it blank or enter "0". If required, round your answers to two decimal places. Mar. 25 Mar. 25 00 00

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