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gOOvER gOOvER
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6 years ago
The entry to record the return of $250 of inventory to a supplier under the perpetual inventory system is recorded with a debit to:
A) Accounts Payable and a credit to Purchases Discounts.
B) Purchases Returns and Allowances and a credit to Accounts Payable.
C) Accounts Payable and a credit to Inventory.
D) Inventory and a credit to Accounts Payable.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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migrodmigrod
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6 years ago
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gOOvER Author
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6 years ago
Thank you, thank you, thank you!
decibul
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Just got PERFECT on my quiz
klyn
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Correct Slight Smile TY
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