Incredible Sounds is a wholesale business that sells musical instruments. Transactions involving sales and cash...

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Accounting

Incredible Sounds is a wholesale business that sells musical instruments. Transactions involving sales and cash receipts for the firm during April 2021 follow. The firm sells its merchandise for cash and on open account. During April, Incredible Sounds engaged in the following transactions. DATE TRANSACTIONS 2021 April 1 Sold merchandise for $4,500 to Alto Music Center; issued Invoice 3912 with terms of

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