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San Diego State University Operations And Supply Chain Management Assignment Help - Goods

Question - On July 15, goods costing $7,000 were sold for $10,000 on account. The customer returned the goods before paying for them. Make the journal entry or entries necessary on the books of the seller to record the return of the goods. Assume that the goods are not damaged and can be resold at their normal selling price. Also assume that the selling company uses a perpetual inventory system. Oct 10 2013 02:17 PM

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