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Q13 Knowledge Check On May 2, Blossom sold $500 of merchandise to Kingbird Depot with terms 2/10, n/30. On May 8, Kingbird Depot returned defective
Q13 Knowledge Check On May 2, Blossom sold $500 of merchandise to Kingbird Depot with terms 2/10, n/30. On May 8, Kingbird Depot returned defective goods that had a selling price of $100. On May 11, Blossom receives payment from Kingbird Depot. a. What is the amount of the cash Blossom received on May 11? Cash Received b. Record the May 11 transaction for Blossom. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation May 11 Save for Later Debit Credit Attempts: 0 of 5 used Submit Answer
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