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    bcctownsend96's Avatar
    bcctownsend96 Posts: 1, Reputation: 1
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    #1

    Mar 17, 2014, 10:21 AM
    Accounting transaction help!
    Transaction: Granted Vagabond $200 credit for suitcases returned costing $120. How would I journalize this using a perpetual inventory system?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Mar 19, 2014, 04:00 AM
    reverse the slae and cost of sales transactions
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