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Question Four: Determine the amount of cash collected at the time of making a cash sale of $7,450 worth of merchandise subject to 13%
Question Four: Determine the amount of cash collected at the time of making a cash sale of $7,450 worth of merchandise subject to 13% HST. (Show your workings.) Question Five: Calculate the missing figures in each of the following independent scenarios. (Show your workings.) Physical Unadjusted Cost Merchandise Inventory Sales Inventory Count of Goods Sold Inventory Adjusted Cost of Goods Shrinkage Sold Gross Profit 32 10 9 26 a) b) c) a b) c)
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