how do I figure those out? During the months of January and February, Solitare...
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Accounting
how do I figure those out?
During the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follows: Jan. 6 Sold goods for $140 to Wizard Inc. with terms 2/30, n/60. The goods cost Solitare $72. 8 Sold goods to Spyder Corp. for $86 with terms 3/10, n/30. The goods cost Solitare $62. 14 Collected cash for the amount due from Wizard Inc. Feb. 28 Collected cash for the amount due from Spyder Corp. Required: Compute the total revenue Solitare would report over the two months. (Do not round intermediate calculations. Round your answer to 2 decimal places.)Get Answers to Unlimited Questions
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