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If I returned $10,000 worth of items I purchased. Which account(s) would I DEBIT (DR) to show this return when using the periodic system?
If I returned $10,000 worth of items I purchased. Which account(s) would I DEBIT (DR) to show this return when using the periodic system? A/R and HST Recoverable A/P and HST Payable Purchases Returns and HST Payable None of the Above If I returned $10,000 worth of items I purchased. Which account(s) would I CREDIT (CR) to show this return using the periodic system? A/P and HST Recoverable A/P and HST Payable Purchases Returns and HST Payable Purchases Returns and HST Recoverable 2 points 2 points If I received a DISCOUNT on my purchase of 3%. How much will I pay the * 3 points supplier, in cash, to pay off the entire amount? Remember, I returned $10,000 worth of goods. (Please write your answer like this: $100,000) Your answer
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