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A merchandiser returned inventory worth $1900 that was purchased on account. In a periodic inventory system, the journal entry to record the return would include,
A merchandiser returned inventory worth $1900 that was purchased on account. In a periodic inventory system, the journal entry to record the return would include, Select one: A a debit to Accounts Payable for $1900 and a credit to Purchases for $1900 B. a debit to Purchases for $1900 and a credit to Accounts Payable for $1900 Ca debit to Purchase Returns and Allowances for $1900 and a credit to Accounts Payable for $1900 D. a debit to Accounts Payable for $1900 and a $1900 credit to Purchase Returns and Allowances
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