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Question 35 0 54 Sheridan Company sells merchandise on account for $3400 to Carla Vista Company with credit terms of 1/10, 1/30. Carla Vista Company
Question 35 0 54 Sheridan Company sells merchandise on account for $3400 to Carla Vista Company with credit terms of 1/10, 1/30. Carla Vista Company returns $800 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Sheridan Company make upon receipt of the check? Cash 2574 826 Sales Returns and Allowances Accounts Receivable 3400 Cash 2574 800 Sales Returns and Allowances Sales Discounts Accounts Receivable 26 3400 Cash 2600 Accounts Receivable 2600 Cash 3366 Sales Discounts 34 Sales Returns and 800 Question 35 of 50 Sales Returns and Allowances 826 Accounts Receivable 3400 Cash 2574 800 Sales Returns and Allowances Sales Discounts Accounts Receivable 26 3400 Cash 2600 Accounts Receivable 2600 Cash 3366 Sales Discounts 34 Sales Returns and Allowances 800 Accounts Receivable 2600
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