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Fast2F Fast2F
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7 years ago
Returned merchandise for credit on account. The perpetual inventory system is in use. This will be recorded with:
A) a debit to an asset and a credit to a liability.
B) a debit to an asset and a credit to an expense.
C) a debit to a liability and a credit to an expense.
D) a debit to a liability and a credit to an asset.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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AugustisAugustis
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Fast2F Author
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Correct Slight Smile TY
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