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Issued credit memorandum to Dial Corp. for defective merchandise -$315,including 5% GST. Inventory was not returned. Which of the following is true? O Sales Returns

Issued credit memorandum to Dial Corp. for defective merchandise -$315,including 5% GST. Inventory was not returned. Which of the following is true? O Sales Returns and Allowances will increase by $315 O Sales Returns and Allowances will decrease by $315 Sales Returns and Allowances will decrease by $300 Sales Returns and Allowances will increase by $300

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