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Midterm Exam 26 Mail Outlook Google Docs Chegg Translater Mathway StockX Quillot SNKRS FragranceX Tw Save & Exm On March 12. Fret Company sold merchandise

image text in transcribed Midterm Exam 26 Mail Outlook Google Docs Chegg Translater Mathway StockX Quillot SNKRS FragranceX Tw Save & Exm On March 12. Fret Company sold merchandise in the amount of $7.800 to Bebson Company, with credt terms of 200w30 The cost of the tems sold is $4,500 Fret uses the perpetual inventory system and the net method of accounting for sales. On March 15, Babson retums some of the merchandise The selling price of the returned merchandise is $600 and the cost of the merchandise tuned $350 The entry or entr Fret must make on March 15 is ( Mutte Choice Account Title Debit 308 Credit Accounts Receivable 348 358 358 Accus Title Debit Condi 588 3439 Ceas of Geode sold 343 Access Title Debis Credit deles Sture and Allo " WIF " Debis NE CLE THE 313 WHOLE A

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