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A debit to Sales Returns and Allowances and a credit to Accounts Receivable: Reflects an increase in amount due from a customer. Recognizes that a
A debit to Sales Returns and Allowances and a credit to Accounts Receivable: Reflects an increase in amount due from a customer. Recognizes that a customer returned merchandise andor received an allowance Records the cost side of a sales return. recorded when a customer takes a discount
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