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What amount should be recorded for each sale

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Question - Main Street Distributors, a wholesale firm, made sales using the following list prices and trade discounts. What amount should be recorded for each sale?

1. List price of $4,200 and trade discounts of 30 percent and 20 percent.

2. List price of $4,900 and trade discounts of 30 percent and 20 percent.

3. List price of $3,250 and trade discounts of 20 percent and 10 percent.

Reference no: EM132476592

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