October 7 October 8 Sold $1,200 of merchandise on credit to Rondo Distributors, terms n 30 The cost of the merchandise was $720 Purchased merchandise, $10,000 terms FOB shipping point, 2 15, n 30 with prepaid freight charges of $525 added to the invoice 1 Using the periodic inventory system If an ...

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October 7 October 8 Sold $1,200 of merchandise on credit to Rondo Distributors, terms n/30. The...

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Principles of Accounting

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October 7 October 8 Sold $1,200 of merchandise on credit to Rondo Distributors, terms n/30. The...

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