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Jacobson Company purchased inventory for $ 5 , 0 0 0 from Hotard Inc. After Jacobson agreed to retain merchandise with a cost of $
Jacobson Company purchased inventory for $ from Hotard Inc. After Jacobson agreed to retain merchandise with a cost of $ that was defective, Hotard reduced the selling price for the damaged goods to $ Hotard will recordcost of goods sold of $a sales discount of $a sales return of $Da sales allowance of $
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