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TB Visualization Problem Qu. 7-227 (Static) Recording Credit Sales and Credit Card Sales LO C1 The following dashboard shows credit sales, cost of sales, and
TB Visualization Problem Qu. 7-227 (Static) Recording Credit Sales and Credit Card Sales LO C1 The following dashboard shows credit sales, cost of sales, and cash collections for selected transactions. The company uses the perpetual inventory system. The figure shows credit sales, cost of sales, and cash collections for selected transactions as per the following: January 1: sales - $900, cost of sales - $700; January 31: cash collection. February 10: sales - $800, cash collection - $784, cost of sales - $500
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