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Which of the following transactions does not affect gross profit? Multiple Choice The journal entry to record bad debt expense. A customer returning merchandise that
Which of the following transactions does not affect gross profit?
Multiple Choice
The journal entry to record bad debt expense.
A customer returning merchandise that was sold for a profit.
Accepting a credit card for a sale and paying a service fee to the credit card company.
The collection of cash on an account receivable, which was paid for by the customer within the discount period.
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