Question: Record the following transaction using the perpetual method. For account titles use the account names listed above (be cautious about spelling as this can return
Record the following transaction using the perpetual method. For account titles use the account names listed above (be cautious about spelling as this can return an incorrect answer). For transaction amounts do not use "$" or commas in your answer. For compound entries list the larger debits and credits first. Accepted a return of merchandise from the June 7 sale to Smith that was the wrong size for the customer. We had sold the merchandise for $300; our cost was $240. DR ACCT A/ DR amount CR ACCT A CR amount DR ACCT A) DR amount A CR ACCT A CR amount
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