Gross Profit During the current year, merchandise is sold for $95,500 cash and $1,315,000 on account. The cost of the go

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answerhappygod
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Gross Profit During the current year, merchandise is sold for $95,500 cash and $1,315,000 on account. The cost of the go

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Gross Profit During The Current Year Merchandise Is Sold For 95 500 Cash And 1 315 000 On Account The Cost Of The Go 1
Gross Profit During The Current Year Merchandise Is Sold For 95 500 Cash And 1 315 000 On Account The Cost Of The Go 1 (7.26 KiB) Viewed 9 times
Gross Profit During The Current Year Merchandise Is Sold For 95 500 Cash And 1 315 000 On Account The Cost Of The Go 2
Gross Profit During The Current Year Merchandise Is Sold For 95 500 Cash And 1 315 000 On Account The Cost Of The Go 2 (7.26 KiB) Viewed 9 times
Gross Profit During the current year, merchandise is sold for $95,500 cash and $1,315,000 on account. The cost of the goods sold is $848,500. What is the amount of the gross profit?
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