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A company that uses the perpetual inventory system, makes a credit sale of $1,100.00 on June 1st. The terms are 2/10,n/30. There is a return

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A company that uses the perpetual inventory system, makes a credit sale of $1,100.00 on June 1st. The terms are 2/10,n/30. There is a return of $100.00 made by the customer on June 4th. Make the journal entry to record the receipt of the payment, if the customer pays in full on June 7th. Be sure to include the

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