Answered: Return of merchandise sold on account…

Return of merchandise sold on account is recorded in the: A purchases journal B either sales or purchases journal c) sales journal D general journal

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter9: Sales And Purchases

Section: Chapter Questions

Problem 10QY: Purchases on account of merchandise for resale would be recorded in the _______________. a. Sales...

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Question

Return of merchandise sold on account is recorded in the:
A purchases journal
B either sales or purchases journal
sales journal
general journal

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