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Title: Under a perpetual inventory system, the entry to record the return of inventory sold on account for ... Post by: gOOvER on Sep 19, 2017 Under a perpetual inventory system, the entry to record the return of inventory sold on account for $250 with a cost of $185 would be recorded by the seller as a:
A) debit to Accounts Receivable for $250. B) debit to Sales Returns and Allowances for $185. C) credit to Sales Revenue for $250. D) credit to Cost of Goods Sold for $185. Title: Re: Under a perpetual inventory system, the entry to record the return of inventory sold on account ... Post by: raovatallpy on Sep 19, 2017 Content hidden
Title: Re: Under a perpetual inventory system, the entry to record the return of inventory sold on account for ... Post by: gOOvER on Aug 6, 2018 Best answer
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