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Company A (A) sells merchandise to Company B (B) that B intends on reselling to...

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Accounting

Company A (A) sells merchandise to Company B (B) that B intends on reselling to retail consumers. B purchases the merchandise under the terms of 5/15 n/30. B purchases 100 units at a cost of $8 per unit. The cost to A of the merchandise sold was $5 per unit

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