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Q5.14: A customer, Zurbaran, is dissatisfied with merchandise purchased for $2,000 cash from the Rembrandt Company. Rembrandt Company gives Zurbaran a cash refund of $2,000.

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Q5.14: A customer, Zurbaran, is dissatisfied with merchandise purchased for $2,000 cash from the Rembrandt Company. Rembrandt Company gives Zurbaran a cash refund of $2,000. The journal entry by Rembrandt Company for the refund will include a debit to Accounts Receivable. B credit to Sales Returns and Allowances. C debit to Sales Returns and Allowances. w D credit to Accounts Receivable

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