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On November 1, 2025, Alpha Omega, inc. sold merchandise for $17,000, FOB destination, with payment terms, n30. The cost of goods said was $8,120
On November 1, 2025, Alpha Omega, inc. sold merchandise for $17,000, FOB destination, with payment terms, n30. The cost of goods said was $8,120 On November 3, the customer returned $6.800 of merchandise purchased. The company received the balance on November 9, 2025 Calculate the gross profit from these transactions A. $6,120 OB $5,672 OC. $6,528 D. $2,448
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Financial Accounting Theory
Authors: William R. Scott
7th edition
132984660, 978-0132984669
