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Question 9 3.45 pts Fern Corporation sold 3,000 units of inventory for $30,000 on August 1, 2020, terms 2/10, 1/30. The units cost Fern Corporation

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Question 9 3.45 pts Fern Corporation sold 3,000 units of inventory for $30,000 on August 1, 2020, terms 2/10, 1/30. The units cost Fern Corporation $6 per unit. On August 4, 2020, 200 units were returned by the customer. Fern Corporation received full payment for the balance due on August 30, 2020. What journal entries should Fern Corporation make on August 4, 2020? Debit Sales Returns & Allowances 2.000; Credit Accounts Receivable 2.000 AND Debit Cast of Goods Sold 1.200, Credit Inventory 1.200 Debit Accounts Receivable 2,000; Credit Sales Returns & Allowances 2000; AND Debit Inventory 1,200-Credit Cost of Goods Sold 1.200 Debit Sales Returns & Allowances 2,000: Credit Accounts Receivable 2,000.AND Debit Inventory 1.200: Credit Cost of Goods Sold 1.200 Debit Sales Revenue 2.000: Credit Accounts Receivable 2.000: AND Debit Inventory 1,200: Credit Cost of Goods Sold 1 200

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