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Determine the accounts debited and credited

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Question - On January 12, Richard Baligala Co. bought merchandise from Jocelyn Te Co. on credit, P100,000. Term: 2/10. n/30. P20,000 cost of merchandise was later returned. The credit memo was dated January 15. Payment, January 20A. Determine the accounts debited and credited.

Reference no: EM132950618

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