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majestico majestico
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6 years ago
Urban Camping sold goods for $200 to a charge customer. The customer returned for credit $80 worth of goods. Which entry is required to record the return transaction?
A) Debit Accounts Receivable $80; credit Sales Returns and Allowances $80
B) Debit Sales Returns and Allowances $80; credit Sales $80
C) Debit Sales $80; credit Sales Returns and Allowances $80
D) Debit Sales Returns and Allowances $80; credit Accounts Receivable $80
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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6 years ago
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majestico Author
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#2
6 years ago
Yeah, makes a lot more sense. Appreciate this quite a lot
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#3
5 years ago
Happy to help Slight Smile
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#4
3 years ago
.
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#5
2 years ago
Good
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