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On July 12,S Co. receives a return of merchandise it previously sold for $1,000 cash. The cost of this inventory was $700. The entry by
On July 12,S Co. receives a return of merchandise it previously sold for $1,000 cash. The cost of this inventory was $700. The entry by S. Co on July 12 is lestion 13 (Mandatory) ( 2 points)
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