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8. Merchandise is returned for a $800 adjustment. The cost of the merchandise is $500. The sellers entry would include a credit to a. inventory,
8. Merchandise is returned for a $800 adjustment. The cost of the merchandise is $500. The sellers entry would include a credit to a. inventory, $800 b. accounts receivable, $500 c. **cost of goods sold, $500 d. cash, $800
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