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Sales-Related Transactions Merchandise is sold on account to a customer for $16,000, terms FOB shipping point, 1/10, n/30. The seller paid the freight of $460

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Sales-Related Transactions Merchandise is sold on account to a customer for $16,000, terms FOB shipping point, 1/10, n/30. The seller paid the freight of $460 Determine the following a. Amount of the sale 16,000 X b. Amount debited to Accounts Receivable C Amount received within the discount period

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