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Question 7 2 Points Fowler Company on July 15 sells merchandise on account to Coffey Co. for $3,000, terms 2/10, n/30. On July 20, Coffey

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Question 7 2 Points Fowler Company on July 15 sells merchandise on account to Coffey Co. for $3,000, terms 2/10, n/30. On July 20, Coffey Co. returns merchandise worth $1,200 to Fowler Company, On July 24, payment is received from Coffey Co for the balance due What is the amount of cash received? A) $1,800 B $1,764 $1,740 $3,000 Question 8 1 Point The entry to replenish a petty cash fund includes a credit to A Petty Cash B Cash. Freight-in D Postage Expense

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