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5. On May 5th Hadeel Company sells merchandise on account for $12,000 to Murad Company with credit terms of 2/10,n/30. On May 7th Murad Company
5. On May 5th Hadeel Company sells merchandise on account for $12,000 to Murad Company with credit terms of 2/10,n/30. On May 7th Murad Company returns $3200 of merchandise that was damaged, on May 14th Murad sends a check to settle the account. The entry that Hadeel Company will make upon receipt of the check will include: (2 Points
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