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Title: Merchandise sold on credit was returned for credit and recorded with a debit to Sales Returns and ... Post by: Fast2F on Jun 6, 2017 Merchandise sold on credit was returned for credit and recorded with a debit to Sales Returns and Allowances and a credit to Accounts Payable. This error will cause:
A) the accounts payable to be understated. B) the net income for the period to be understated. C) the assets to be overstated. D) the net income for the period to be overstated. Title: Re: Merchandise sold on credit was returned for credit and recorded with a debit to Sales Returns ... Post by: keytwo on Jun 6, 2017 Content hidden
Title: Re: Merchandise sold on credit was returned for credit and recorded with a debit to Sales Returns and ... Post by: Fast2F on Jul 18, 2017 I’m very happy now :D Thank you for the answe
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