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    CANCHITO's Avatar
    CANCHITO Posts: 1, Reputation: 1
    New Member
     
    #1

    Mar 15, 2009, 01:18 PM
    Which entry to record?
    The entry to record a return by a credit customer of defetive merchandise on which no sales tax was charge includes?

    A-a debit to sales and credit to accounts recivables
    B-a debit to sales and credit sales returns and allowance
    C- debit to sales returns and allowance and credit to accounts recivables
    D-a debit to accounts recivables and credit to sales return and allowance

    Which is the answer?
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
    Ultra Member
     
    #2

    Mar 16, 2009, 01:46 AM

    A-a debit to sales and credit to accounts recivables

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