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Business, 06.08.2021 16:40 christinasmith9633

Assume Vaughn Manufacturing, an equipment distributor, sells a piece of machinery with a list price of $860000 to Cullumber Co. Cullumber Co. will pay $990000 in one year. Vaughn Manufacturing normally sells this type of equipment for 85% of list price. How much should be recorded as revenue

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Assume Vaughn Manufacturing, an equipment distributor, sells a piece of machinery with a list price...
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