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10) Smith Company returned $20,000 of inventory to us that was sold on account. Journalize the entries to record the return assuming Cost of Goods
10) Smith Company returned $20,000 of inventory to us that was sold on account. Journalize the entries to record the return assuming Cost of Goods Sold is 40% of Sales and all returned inventory is returned to inventory
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne Mowen
2nd Edition
0538864451, 978-0538864459
