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Title: Under a periodic inventory system, the entry to record the return of inventory sold on account for ... Post by: harra on Sep 19, 2017 Under a periodic inventory system, the entry to record the return of inventory sold on account for $360 with a cost of $210 would be recorded by the seller as a:
A) credit to Accounts Receivable for $210. B) debit to Sales Returns and Allowances for $360. C) debit to Sales Revenue for $360. D) debit to Inventory for $210. Title: Re: Under a periodic inventory system, the entry to record the return of inventory sold on account ... Post by: Kryzen on Sep 19, 2017 Content hidden
Title: Re: Under a periodic inventory system, the entry to record the return of inventory sold on account for ... Post by: harra on Dec 31, 2017 Very timely, excellent answer
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