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    crazyitalian143's Avatar
    crazyitalian143 Posts: 6, Reputation: 1
    New Member
    		  
    #1

    Apr 16, 2007, 07:45 AM
    Journal Entry
    50 items were returned.. $200 sales price. That would 10,000

    So I am going to

    Cr Return Merchandise 10000
    Dr Cash 10000
    Smith21000's Avatar
    Smith21000 Posts: 69, Reputation: 9
    Junior Member
    		  
    #2

    Apr 16, 2007, 10:38 AM
    Your missing something! You did get the inventory back right.
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