Problem

On February 9, Uptown Kitchens, a retail store, received Credit Memorandum 244 for $4,220...

On February 9, Uptown Kitchens, a retail store, received Credit Memorandum 244 for $4,220 from J & B Appliance Corporation. The credit memorandum covered a return of damaged trash compactors originally purchased on Invoice 4101 dated January 3. Prepare the general journal entry that Uptown Kitchens would make for this transaction.

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