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On September 12, vander company sold merchandise in the amount of $7,400 to jepson company with credit terms 2/10 n/30. The cost of the items
On September 12, vander company sold merchandise in the amount of $7,400 to jepson company with credit terms 2/10 n/30. The cost of the items sold is $5,600. Vander uses the periodic inventory system and the gross method of accounting sales. The journal entry or entries that vander will make on September 12 is:
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Fundamentals Of Business Mathematics In Canada
Authors: F. Ernest Jerome, Jackie Shemko
3rd Edition
1259370151, 978-1259370151
