Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
harra harra
wrote...
Go to Answer
Posts: 1309
Rep: 2 0
6 years ago
Under a periodic inventory system, the entry to record the return of inventory sold on account for $360 with a cost of $210 would be recorded by the seller as a:
A) credit to Accounts Receivable for $210.
B) debit to Sales Returns and Allowances for $360.
C) debit to Sales Revenue for $360.
D) debit to Inventory for $210.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
Read 112 times
2 Replies
Replies
Answer verified by a subject expert
KryzenKryzen
wrote...
#1
Posts: 466
Rep: 34 0
6 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

harra Author
wrote...
#2
6 years ago
Very timely, excellent answer
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1181 People Browsing
 107 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 84
  
 550
  
 1113
Your Opinion
Where do you get your textbooks?
Votes: 328
Previous poll results: What's your favorite coffee beverage?