Business, 11.10.2019 01:00, QwesiElorm

Nash's trading post, llc sells merchandise on account for $1200 to morton company with credit terms of 2/7, n/30. morton company returns $500 of merchandise that was damaged, along with a check to settle the account within the discount period. what entry does nash's trading post, llc make upon receipt of the check?

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Nash's trading post, llc sells merchandise on account for $1200 to morton company with credit terms...