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Business, 26.02.2020 17:00 Lilyy1k

On Jan 5, a customer returned merchandise that had been purchased earlier on credit. The original sale was for $500, and the cost to the seller was $150. Demonstrate the required journal entry to record the return on the books of the seller, assuming the goods can be sold to another customer.

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On Jan 5, a customer returned merchandise that had been purchased earlier on credit. The original sa...
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