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View Full Version : How to post a debit and credit for returned supplies?


HeatherCook19
Feb 26, 2009, 07:44 PM
Returned a portion of the office supplies purchased on November 2, receiving full credit for their cost $250. I think I would credit accounts payable and credit supplies expense? Please help.

pready
Mar 1, 2009, 12:01 PM
The debit will be to Accounts Payable