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upton upton
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6 years ago
The entry to record returned merchandise to Vine Company is:
A) debit Purchases; credit Accounts Payable.
B) debit Accounts Payable/Vans Company in the accounts payable subsidiary ledger and debit Accounts Payable in the general ledger; credit Purchases Returns and Allowances.
C) debit Accounts Payable; credit Purchases.
D) debit Purchases Returns and Allowances; credit Accounts Receivable in the general ledger.
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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wrote...
3 years ago
perfect, thanks!
wrote...
3 years ago
thanks
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