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Business, 14.03.2020 03:26 AdhoraM11571

Richter Company sells merchandise on account for $2,500 to Lynch Company with credit terms of 3/10, n/60. Lynch Company returns $200 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Richter Company make upon receipt of the check and the damaged merchandise

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Richter Company sells merchandise on account for $2,500 to Lynch Company with credit terms of 3/10,...
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