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During the current year merchandise is sold for $315800 cash and $1225000 on account. The cost of the merchandise sold is $875000 What is the amount of the gross profit

During the current year, merchandise is sold for $315,800 cash and $1,225,000 on account. The cost of the merchandise sold is $875,000. What is the amount of the gross profit? 

Apr 02 2020 Read more Less More

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