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QUESTION
The ledger of Wainwright Company at the end of the current year shows Accounts Receivable $89,000; Credit Sales $961,000; and Sales Returns and...
The ledger of Wainwright Company at the end of the current year shows Accounts Receivable $89,000; Credit Sales $961,000; and Sales Returns and Allowances $42,700.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
