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Business, 02.10.2019 22:50 dylanjones6996
Tyler returned $500 worth of merchandise within the discount period. the entry to record the return is which of the following?
a. debit purchases for $500; credit accounts payable $500 b. debit purchases for $500; credit purchases returns and allowances $500 c. debit accounts payable/suppliers name for $500; credit purchases returns and allowances for $500 d. debit to accounts payable for $500, credit purchases discount for $500
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Tyler returned $500 worth of merchandise within the discount period. the entry to record the return...
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