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2.75 points On September 12 Blotto returned 525.000 of merchandise to Sils The cost of the merchandise was $9.000 Choose the correct journal entry for

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2.75 points On September 12 Blotto returned 525.000 of merchandise to Sils The cost of the merchandise was $9.000 Choose the correct journal entry for Sis Assume both companies use the perpetual Inventory system 9/12 Accounts Receivable Sales Revenue $25,000 $25,000 9/12 Accounts Receivable $25,000 Sales Returns and Allowances $25,000 9/12 Sales Revenue Accounts Receivable Inventory Cost of Goods Sold $25,000 $25,000 $9,000 $9,000 9/12 Sales Returns and Allowances Accounts Receivable Inventory Cost of Goods Sold $25,000 $25,000 $9,000 $9,000

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