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Title: The entry to record the return of $250 of inventory to a supplier under the perpetual inventory ... Post by: gOOvER on Sep 19, 2017 The entry to record the return of $250 of inventory to a supplier under the perpetual inventory system is recorded with a debit to:
A) Accounts Payable and a credit to Purchases Discounts. B) Purchases Returns and Allowances and a credit to Accounts Payable. C) Accounts Payable and a credit to Inventory. D) Inventory and a credit to Accounts Payable. Title: Re: The entry to record the return of $250 of inventory to a supplier under the perpetual inventory ... Post by: migrod on Sep 19, 2017 Content hidden
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