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A credit note is used as documentation in a business for  journal entry that requires a debit to Select one: A. accounts receivable and credit to returns inwards B. returns inwards and credit to accounts receivables C. accounts receivable and credit to sales D. returns outwards and credit to accounts payable

A credit note is used as documentation in a business for  journal entry that requires a debit to Select one: A. accounts receivable and credit to returns inwards B. returns inwards and credit to accounts receivables C. accounts receivable and credit to sales D. returns outwards and credit to accounts payable

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 3MC: If a customer pays with a credit card and the service has been provided, which of the following...
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A credit note is used as documentation in a business for  journal entry that requires a debit to

Select one:
A. accounts receivable and credit to returns inwards
B. returns inwards and credit to accounts receivables
C. accounts receivable and credit to sales
D. returns outwards and credit to accounts payable 
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