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! Required information Exercise 7 - 5 ( Algo ) Trade and cash discounts; the gross method and the net method compared [ LO 7
Required information
Exercise Algo Trade and cash discounts; the gross method and the net method compared LO
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Tracy Company, a manufacturer of air conditioners, sold units to Thomas Company on November The units have a list price of $ each, but Thomas was given a trade discount. The terms of the sale were
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