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Question Help Mountain Gear uses the perpetual inventory system and sells 5600,000 of sporting goods to Varsity Clothiers under credit forms of 4/10, net 60

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Question Help Mountain Gear uses the perpetual inventory system and sells 5600,000 of sporting goods to Varsity Clothiers under credit forms of 4/10, net 60 on April 10, 2020 Mountain Gear's cost of the goods is $420,000, and it receives the appropriate amount of cash from Varsity Clothiers on April 20.2020 Journalize Mountain Gear's transactions on April 10, 2020, and April 20, 2020 How much gross margin did Mountain Gear eam on this sale

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