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Business, 22.03.2021 23:00 wendii87wh

On April 1, Townsley Company sold merchandise with a selling price of $10,000 on account to Trout Company, with terms 3/10, n/30. On April 5, Trout Company returned merchandise with a selling price of $1,000. Trout Company paid the amount due on April 9. What journal entry did Townsley Company prepare on April 9 assuming the gross method is used

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On April 1, Townsley Company sold merchandise with a selling price of $10,000 on account to Trout Co...
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