Ask Experts Questions for FREE Help !
Ask
    Dhitchens1's Avatar
    Dhitchens1 Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 1, 2015, 03:32 PM
    If a buyer is given an allowance for damaged merchandise, an entry is required in the
    True or False

    If a buyer is given an allowance for damaged merchandise, an entry is required in the general journal.
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
     
    #2

    Dec 1, 2015, 03:33 PM
    What do YOU think ?
    While we're happy to HELP we wont do all the work for you.
    Show us what you have done and where you are having problems..

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

What will be the account affected by an adjusting entry to a merchandise inventory [ 1 Answers ]

What account in the TRIAL BALANCE will be affected if there is an adjustment to the merchandise inventory, Ending Balance?

Buyer threatening to sue over a ski we believe he damaged. [ 6 Answers ]

OK. My husband listed his jet ski on Craigslist for $1500 and a buyer came and looked at it. The battery was dead at this point, and he believed a piston might have been going out. (thus the cheaper price). Well the next morning he called my husband from the water saying he thought the gasket head...

Basic travel allowance is required for uk citizen before travelling from uk [ 4 Answers ]

Basic travel allowance is required for uk citizen before travelling from uk

Receiving credit for damaged merchandise return [ 1 Answers ]

I understood how to record an issuing of a credit to an accounts receivable, but now I'm confused on how to record a received credit for damaged merchandise. The transaction is: Received credit for damaged merchandise return to Maybee Plumbing, invoice #127. This is the merchandise that was...


View more questions Search