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Showcase Co a furniture wholesaler sells merchandise to Balboa on account $ 6 0 , 6 0 0 terms n / 3 0 . The

Showcase Co a furniture wholesaler sells merchandise to Balboa on account $60,600 terms n/30. The cost of the goods sold is $36,400.Showcase Co issues a credit memo for $12,000 for merchandise returned prior to Balboa Co paying the original invoice . The cost of thd merchandise returned is $7,300?

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