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30 Sep: Goods sold on credit $860 that cost $430 was returned. Dr; sales returns and allowances 860 Cr: Account receivable 860 (goods returned by
30 Sep: Goods sold on credit $860 that cost $430 was returned. Dr; sales returns and allowances 860 Cr: Account receivable 860 (goods returned by customer) I can't understand this question and it says back $430 but here it says 860 Maybe I didn't understand the meaning of the question, could you please answer this in detail Dr inventory back in stock ) 430 Cr; Cost of sales 430
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Financial Accounting
Authors: Anne Britton, Chris Waterston
5th edition
273719300, 273719304, 978-0273719304
