1 points eBook Hint References Item 3 Item 3 1 points Main Street Distributors, a...
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Accounting
1 points eBook Hint References Item 3 Item 3 1 points Main Street Distributors, a wholesale firm, made sales using the following list prices and trade discounts. What amount should be recorded for each sale?
1. List price of $6,000 and trade discounts of 40 percent and 15 percent.
2. List price of $7,300 and trade discounts of 25 percent and 8 percent.
3.List price of $7,100 and trade discounts of 20 percent and 5 percent.
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