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Sales-Related Transactions Merchandise is sold on account to a customer for $8,200, terms FOB shipping point, 1/10,n/30. The seller paid the freight of $350. Determine
Sales-Related Transactions Merchandise is sold on account to a customer for $8,200, terms FOB shipping point, 1/10,n/30. The seller paid the freight of $350. Determine the following: a. Amount of the sale b. Amount debited to Accounts Receivable c. Amount received within the discount period $$$XX
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