Question: Sold merchandise on account, $78,600 with terms 1/10, n/30. The cost of the merchandise sold was $47,200. Sale Accounts receivable ______77814________ _______________ Sales ______________ _______________

Sold merchandise on account, $78,600 with terms 1/10, n/30. The cost of the merchandise sold was $47,200.

Sale Accounts receivable ______77814________ _______________

Sales ______________ _______________

Cost Cost of Merchandise ______47200________ ________________

Merchandise Inventory

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