On October 10, 201X, Carrol Co. issued debit memorandum no. 1 for $440 to Roger Co. for

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On October 10, 201X, Carrol Co. issued debit memorandum no. 1 for $440 to Roger Co. for merchandise returned from invoice no. 312. Your task is to journalize, record, and post this transaction as appropriate. Use the periodic inventory system.

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