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Business, 08.04.2021 20:30, kaylijocombs
Sales $118,700 Sales returns and allowances 1,080 Sales discounts 370 Merchandise inventory, January 1 31,800 Purchases during the period 100,700 Purchases returns and allowances during the period 2,180 Purchases discounts taken during the period 2,720 Freight-in on merchandise purchased during the period 1,580 Merchandise inventory, December 31 48,900 Determine the gross profit.
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Sales $118,700 Sales returns and allowances 1,080 Sales discounts 370 Merchandise inventory, January...
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