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Question 17 (1 point) How would Toons Wholesale record the August 22 transaction? Question 1? options: a) Decrease Accounts Receivable and increase Sales Returns $1,500

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Question 17 (1 point) How would Toons Wholesale record the August 22 transaction? Question 1? options: a) Decrease Accounts Receivable and increase Sales Returns $1,500 each h) Increase Inventory and decrease Cost of Goods Sold $1,000 each, and decrease Accounts Receivable and increase Sales Returns $1,500 each c) Increase Inventory and decrease Cost of Goods Sold $1,000 each, and decrease Accounts Receivable and increase Sales Returns $1,000 each d) Increase Inventory and decrease Cost of Goods Sold $1,500 each, and decrease Accounts Receivable

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