Question
If your company records merchandise returns to suppliers in the general journal, then a.) A posting must be made only to the accounts payable subsidiary
a.) A posting must be made only to the accounts payable subsidiary ledger account
b.) A dual posting must be made
c.) there will be a debit to inventory
d.) A posting must be made only to the accounts payable control account
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
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