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On June 8, Stevens Company sold merchandise listing for $1, 850 to Dalton Company, terms 2/10, n/30. On June 12, $550 worth of the merchandise
On June 8, Stevens Company sold merchandise listing for $1, 850 to Dalton Company, terms 2/10, n/30. On June 12, $550 worth of the merchandise was returned because it was the wrong color. On June 18, Stevens Company received a check for the amount due. Record the journal entries made by Stevens Company for these transactions. Stevens uses the periodic inventory system
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