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Longmire & sons made sales on credit

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Longmire & Sons made sales on credit to Alderman Sports totaling $500,000 on April 18. Longmire & Sons estimates 3% of its sales to Alderman may be returned. On May 22, $9,000 worth of goods are returned by Alderman Sports. 

Prepare the related journal entries for Longmire & Sons.

Reference no: EM13873736

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Longmire & sons made sales on credit : Prepare the related journal entries for Longmire & Sons.
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