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- CODE AND NAME OF THE ACCOUNT WILL BE DEBT 610 RETURNS ON SALES 1.000 191 DEDUCTIBLE VAT 180 100 CASE 1180 Which process does the registration belong to? A) The customer returns the goods he received B) The seller returns the goods C) Discounting to the customer D) The business returns the goods it has received E) Discounting on goods sold

- CODE AND NAME OF THE ACCOUNT WILL BE DEBT 610 RETURNS ON SALES 1.000 191 DEDUCTIBLE VAT 180 100 CASE 1180 Which process does the registration belong to? A) The customer returns the goods he received B) The seller returns the goods C) Discounting to the customer D) The business returns the goods it has received E) Discounting on goods sold

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 26MC: A customer returns $690 worth of merchandise and receives a full refund. What accounts recognize...
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9 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT

610 RETURNS ON SALES 1.000

191 DEDUCTIBLE VAT 180

100 CASE 1180

Which process does the registration belong to?

A) The customer returns the goods he received


B) The seller returns the goods

C) Discounting to the customer


D) The business returns the goods it has received


E) Discounting on goods sold

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