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On November 2, Mei Lan Company buys merchandise on account from Ucok Company. The selling price of the goods is $3,000, and the cost to

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On November 2, Mei Lan Company buys merchandise on account from Ucok Company. The selling price of the goods is $3,000, and the cost to A Kuang was $1,600. On November 8, Mei Lan returns defective goods with a selling price of $400 and a fair value of $60. Record the transactions on the books of A Kuang Company

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