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Business, 04.03.2022 01:10 spaztrid

On March 12, Fret Company sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,500. Fret uses the perpetual inventory system and the gross method of accounting for sales. The journal entry or entries that Fret will make on March 12 is (are):

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On March 12, Fret Company sold merchandise in the amount of $7,800 to Babson Company, with credit te...
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