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upton upton
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7 years ago
Tyler returned $500 of merchandise within the discount period. The entry to record the return is to:
A) debit Purchases for $500; credit Purchases Returns and Allowances for $500.
B) debit Accounts Payable/Suppliers Name for $500; credit Purchases Returns and Allowances for $500.
C) debit to Accounts Payable for $500; credit Purchases Discount for $500.
D) debit Purchases for $500; credit Accounts Payable for $500.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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OmpaOmpa
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7 years ago
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upton Author
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7 years ago
Thank you, thank you, thank you!
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This site is awesome
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