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You put a drink in the freezer to cool. You take it out of the freezer when it is cold. But you forget about the drink and leave it sitting on the kitchen counter. The graph below shows the temperature, in
Degrees, of the drink minutes after the drink is placed in the freezer. What is the temperature in the kitch-
En?
Credit Sales
Transactions where goods or services are provided to a customer with an agreement to pay at a later date.
Cash Sales
Transactions in which goods or services are paid for with cash at the time of the sale.
Sales on Account
Transactions where the customer purchases goods or services on credit and promises to pay the seller at a later date.
Merchandise
Goods or commodities that a business purchases or manufactures for sale to customers.
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