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Sales-Related Transactions Merchandise is sold on account to a customer for $9,700, terms FOB shipping point, 1/10, n/30. The seller paid the freight of $440.

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Sales-Related Transactions Merchandise is sold on account to a customer for $9,700, terms FOB shipping point, 1/10, n/30. The seller paid the freight of $440. 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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