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Business, 06.08.2019 05:10 soevse

The company shipped merchandise valued at $100,000 f. o.b. destination on december 28, year 3, and recorded the sale and relief of inventory on that date. the customer received the merchandise on january 4, year 4. the merchandise has a profit margin of 20%. record the necessary year 3 adjustments, if any.

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The company shipped merchandise valued at $100,000 f. o.b. destination on december 28, year 3, and r...
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