Question: Perpetual Inventory System - Sales Return from a Customer Received retumed goods from a customer. The sales price was $7,500 and the cost of goods

Perpetual Inventory System - Sales Return from a Customer Received retumed goods from a customer. The sales price was $7,500 and the cost of goods sold is $3,000. Required: Record the Joumal Entry(s) for the Credit to our account and for the Merchandise Retum

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