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The following transactions are for Tamarisk Company. 1. 2. 3. On December 3, Tamarisk Company sold $461,100 of merchandise to Carla Vista Co., on account,
The following transactions are for Tamarisk Company. 1. 2. 3. On December 3, Tamarisk Company sold $461,100 of merchandise to Carla Vista Co., on account, terms 2/10, n/30. The cost of the merchandise sold was $327,900. On December 8, Carla Vista Co. was granted an allowance of $25,300 for merchandise purchased on December 3. On December 13, Tamarisk Company received the balance due from Carla Vista Co.
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