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When recording a 3,400 sales return for undamaged goods on an originak Under a perpetual inventory system, on the sellers books, the entries to record
When recording a 3,400 sales return for undamaged goods on an originak
Under a perpetual inventory system, on the sellers books, the entries to record a $3,400 of $1,500 include a: Debit to cash of $3,400 Credit to cost of goods sold of $1,900 Credit to sales returns and allowances of $3,400 Debit to inventory of $1,500Step by Step Solution
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