A credit sale is made on July 10 for ($ 900), terms (2 / 10), (mathrm{n} /

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A credit sale is made on July 10 for \(\$ 900\), terms \(2 / 10\), \(\mathrm{n} / 30\). On July \(12, \$ 100\) of goods are returned for credit. Give the journal entry on July 19 to record the receipt of the balance due within the discount period.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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