Cosmo company purchases goods for resale for galaxy inc the


Cosmo company purchases goods for resale for galaxy, inc. the amount of the purchase is $12,500 with terms 3/10, n/30. cosmo later returns $500 worth of the goods. under the perpetual inventory method, what is the journal entry to record the return?

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Financial Management: Cosmo company purchases goods for resale for galaxy inc the
Reference No:- TGS01277207

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