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On August 1st, Tiny Tim's Toys sells $5,500 of merchandise on account to Kid's Toys. The terms were 5/10, n/30. Kid's Toys returns $500 merchandise

On August 1st, Tiny Tim's Toys sells $5,500 of merchandise on account to Kid's Toys. The terms were 5/10, n/30. Kid's Toys returns $500 merchandise on August 2nd. Journalize the entry for Tiny Tim and Kid's Toys if Kid's Toys pays the invoice in full on August 6th.

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