there76
Apr 4, 2013, 11:38 PM
Joey returns 73 pairs of zips because of defections. The inventory could not be resold and was disposed of.
Do you just go use sales return and allowance and accounts receivable or do I do something else as well? Do I still debit inventory and credit cost of good sold?
Do you just go use sales return and allowance and accounts receivable or do I do something else as well? Do I still debit inventory and credit cost of good sold?