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Journalize the following transaction for a merchandiser that uses the perpetual inventory system.
Received returned goods from a customer,$1,000 (cost,$740).The goods were sold on account.Omit explanation.
Power Company
An enterprise that generates and distributes electricity to consumers and businesses.
Squash
A racket sport played by two or four players in a four-walled court with a small, hollow rubber ball.
Perceive
The act of becoming aware of something through the senses.
Spelling
The act of correctly arranging the letters that form a word in their proper sequence.
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