On July 8, 2017, Huston Co. issued debit memorandum No. 1 for $400 to Park Co. for

Question:

On July 8, 2017, Huston Co. issued debit memorandum No. 1 for $400 to Park Co. for merchandise returned from invoice No. 709. Your task is to journalize, record, and post this transaction as appropriate. Use the same account numbers as found in the text for Art's Clothing Company. The general journal page is page 1?

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