Question
Correcting the Trial Balance: Five days after a cash sale for $4,000 was made and recorded, Alpha's customer returned this merchandise for cash. Alpha did
Correcting the Trial Balance: Five days after a cash sale for $4,000 was made and recorded, Alpha's customer returned this merchandise for cash. Alpha did not record a journal entry for the return. The gross profit percent was 30%. Alpha uses the perpetual inventory system. What corrections, if any, should be made to the trial balance?
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ISO 14010s Environmental Auditing Tools And Techniques For Passing Or Performing Environmental Audits
Authors: W. Lee Kuhre
1st Edition
0133802051, 978-0133802054
