Business, 03.07.2019 01:30, michaelbromley9759

Sales-related transactions: after the amount due on a sale of $28,000, terms 2/10, n/eom, is received from a customer within the discount period, the seller consents to the return of the entire shipment. the cost of the merchandise returned was $16,800. a. what is the amount of the refund owed to the customer? b. journalize the entries made by the seller to record (a) the refund and (b) the return of merchandise.

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Sales-related transactions: after the amount due on a sale of $28,000, terms 2/10, n/eom, is receiv...