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Longmire & Sons made sales on credit to Alderman Sports totaling $400,000 on April 18. Longmire & Sons estimates 2% of its sales to Alderman

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Longmire & Sons made sales on credit to Alderman Sports totaling $400,000 on April 18. Longmire & Sons estimates 2% of its sales to Alderman may be returned. On May 22, $4,000 worth of goods are returned by Alderman Required: Prepare the related journal entries for Longmire & Sons

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