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Shermon Importers, Inc. sells coffee pots for $ 60 each. On November 12, the company sold 40 to a customer on account with terms of

Shermon Importers, Inc. sells coffee pots for $ 60 each. On November 12, the company sold 40 to a customer on account with terms of 3/15, n/30. The customer paid for 30 of the coffee pots on November 27 and paid for the remaining 10 on December 11. Finally, record the transactions under the expected-value method. (Record debits first, then credits. Exclude explanations from any journal entries. Round intermediary calculations and your final answers to the nearest cent.) Nov. 12: The company sold 40 coffee pots to a customer on account with terms of 3/15, n/30

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