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Determine the amount debited to accounts receivable

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Problem - Merchandise is sold on account to a customer for $56,500, terms FOB shipping point, 2/10, n/30. The seller paid the freight of $2,100. Determine the following: (a) amount of the sale (b) amount debited to Accounts Receivable and (c) amount received within the discount period.

Reference no: EM132694691

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