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Cheezy Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offered a 15% price reduction.

Cheezy Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offered a 15% price reduction. Cheezy would record this reduction by crediting accounts receivable and debiting

Sales

Sales discounts

Sales returns

Sales allowances

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