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Question 23 4 pts Wand World sells wands to customers. Customers are allowed to return the wands within 2 months from the date of
Question 23 4 pts Wand World sells wands to customers. Customers are allowed to return the wands within 2 months from the date of the purchase. During the month of June, Wand World sold 120 wands, but expects that 15% will be returned within the allowed time period. Each wand costs $20 and is sold to the customers for $45. Assuming that the expected amount is returned, what is the journal entry Wand World would make to record the returns? Round to the nearest dollar. [Select] Debit [Select] Credit [Select] Y [Select] Debit [Select] v [Select] Credit [Select] [Select]
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