V. Cruz Company uses special journals. A sale made on account to K. Allman for $435 was
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V. Cruz Company uses special journals. A sale made on account to K. Allman for $435 was recorded in a sales journal. A few days later, K. Allman returns $70 worth of merchandise for credit. Where should V. Cruz Company record the sales return? Why?
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The V Cruz Company should record the sales return in the general journal as it is not a special jour...View the full answer
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Related Book For
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
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