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Bountiful Garden Supplies sold $2,800 of inventory to Maxwell Garden Store on credit. $200 inventory was returned for credit. Bountiful recorded the returned merchandise as

Bountiful Garden Supplies sold $2,800 of inventory to Maxwell Garden Store on credit. $200 inventory was returned for credit. Bountiful recorded the returned merchandise as a debit to Sales Returns and Allowances and a credit to Accounts Payable. This error will cause: Question content area bottom Part 1 A. the assets to be overstated. B. the accounts payable to be understated. C. the net income for the period to be understated. D. the net income for the period to be overstated

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