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Record the transactions on the books of sunland company

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Question - On October 5, Blossom Company buys merchandise on account from Sunland Company. The selling price of the goods is $6,670, and the cost to Sunland Company is $3,630. On October 8, Blossom Company returns defective goods with a selling price of $650 and a scrap value of $250. Record the transactions on the books of Sunland Company, assuming a perpetual approach.

Reference no: EM132562441

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