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Sales-Related Transactions Merchandise is sold on account to a customer for $8,900, terms FOB shipping point, 2/10, n/30. The seller paid the freight of $380.
Sales-Related Transactions Merchandise is sold on account to a customer for $8,900, terms FOB shipping point, 2/10, n/30. The seller paid the freight of $380. Determine the following: a. Amount of the sale $ b. Amount debited to Accounts Receivable $ c. Amount received within the discount period $
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