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-   -   How to post a debit and credit for returned supplies? (https://www.askmehelpdesk.com/showthread.php?t=322576)

  • Feb 26, 2009, 07:44 PM
    HeatherCook19
    How to post a debit and credit for returned supplies?
    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.
  • Mar 1, 2009, 12:01 PM
    pready

    The debit will be to Accounts Payable

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