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QUESTION 50 Trefoils Company sold merchandise on account for $6,000 to Thin Mint Company with credit terms of 2/10, 1/30. Five days later, Thin Mint

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QUESTION 50 Trefoils Company sold merchandise on account for $6,000 to Thin Mint Company with credit terms of 2/10, 1/30. Five days later, Thin Mint Company returned $2,000 of merchandise that was damaged, along with a check to settle the account. What entry does Trefoils Company make upon receipt of the check? Cash Sales Returns and Allowances OA. Sales Discounts Accounts Receivable 3,920 2,000 6,000 Cash Sales Returns and Allowances Accounts Receivable 3,920 2,080 6,000 Cash 5,880 120 Sales Discounts Accounts Receivable 6,000 4,000 Cash D. Accounts Receivable 4,000

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