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Terms of transaction: JC toys buys $175,800 worth of toys on accoutn w/credit terms of 2/10, n/60 Return amount: $17500 Journalize: Jul. 14?: KC Toys

Terms of transaction: JC toys buys $175,800 worth of toys on accoutn w/credit terms of 2/10, n/60

Return amount: $17500

Journalize: Jul. 14?: KC Toys paid the amount? due, less the return and discount.

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