Top Posters
Since Sunday
c
6
r
4
c
3
m
3
h
3
1
3
n
3
s
3
d
3
c
3
a
3
r
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Fast2F Fast2F
wrote...
Go to Answer
Posts: 1470
Rep: 1 0
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
Author:
Read 102 times
1 Reply
Replies
Answer verified by a subject expert
AugustisAugustis
wrote...
#1
Top Poster
Posts: 994
Rep: 15 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Fast2F Author
wrote...

7 years ago
Thanks for your help!!
dri
wrote...

Yesterday
This helped my grade so much Perfect
Katey_maree
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1297 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 524
  
 4491
  
 195
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?