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Author Question: C. Fong returned $200 of merchandise within the discount period. The entry to record the return is (Read 119 times)

maychende

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on: Nov 11, 2019
C. Fong returned $200 of merchandise within the discount period. The entry to record the return is
◦ debit to Accounts Payable for $200, credit Purchases Returns and Allowances for $200.
◦ debit to Purchases for $200, credit Purchases Returns and Allowances for $200.
◦ debit to Purchases for $200, credit Accounts Payable for $200.
◦ debit to Accounts Payable for $200, credit Purchases Discount for $200.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by maychende on Nov 11, 2019

trog

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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maychende

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Reply 2 on: Nov 11, 2019
Thanks for the timely response, appreciate it

epscape

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Reply 3 on: Yesterday
Wow, this really help

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