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HiLite Co. purchased a machine for AED 30,000 less a 2% discount for early payment.
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The impact of credit card sales, sales discounts, and sales returns on net sales
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Total gross sales for the period include the following: Credit card sales (discount 3%) $ 9,400 Sales on account (2/15, n/60) $ 10,500 Sales returns related to sales on account were $500. All returns were made before payment. One-half of the remaining sales on... View more questions Search
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