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Business, 13.11.2019 06:31 ReaLily

On may 1, arden wholesale sells $800 worth of goods on account to an out-of-state customer. upon receiving the order on may 7, the customer notifies arden that approximately 5% of the goods arrived damaged. as a result, arden reduces the amount owed by the customer by $50. the journal entry by arden wholesale on may 7 will include a:

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On may 1, arden wholesale sells $800 worth of goods on account to an out-of-state customer. upon rec...
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