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Business, 14.04.2020 15:50 floreschachi7506

Vaughn Company sells merchandise on account for $5300 to Cullumber Company with credit terms of 1/10, n/30. Cullumber Company returns $700 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Vaughn Company make upon receipt of the check

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Vaughn Company sells merchandise on account for $5300 to Cullumber Company with credit terms of 1/10...
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