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-   -   Journal entry for perpetual system (https://www.askmehelpdesk.com/showthread.php?t=147897)

  • Nov 2, 2007, 07:16 PM
    rose_fleure
    Journal entry for perpetual system
    Returned merchandise to the company and accepted credit agaianst future purchases. Its cost, net of the discount, was $792

    Which accounts are affected> thank you.
  • Nov 3, 2007, 04:02 PM
    CaptainForest
    Dr. AR/Store Credit 792
    Cr. Inventory 792

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