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majestico majestico
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Posts: 1455
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7 years ago
A wholesale customer returned merchandise having already paid for it within the cash discount period. The return will be recorded with:
A) a credit to Capital.
B) a credit to an asset account.
C) a credit to a liability account.
D) None of these is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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LaffioLaffio
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Posts: 676
7 years ago
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