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- LO 6.1 For each of the following statements, fill in the blanks with the correct account names. 1. A retailer purchases merchandise on credit.

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- LO 6.1 For each of the following statements, fill in the blanks with the correct account names. 1. A retailer purchases merchandise on credit. The retailer would recognize this transaction by debiting and crediting 2. A retaller pays for purchased merchandise within the discount window. The retailer would recognize this transaction by debiting crediting and 3. A customer returns merchandise to the retailer and receives a full refund. The retaller would recognize this transaction by debiting and crediting If the customer had not yet paid on their account. 4. A customer pays for purchased merchandise within the discount window. The retailer would recognize this transaction by debiting and , and crediting L0 6.1 For each of the following statements, fill in the blanks with the correct account names. 1. A retailer purchases merchandise on credit. The retailer would recognize this transaction by debiting and crediting 2. A retailer pays for purchased merchandise wiahin the discount window. The retailer would redenize this transaction by debiting crediting and 3. Acustor 'tailer and receives a full refund. The retaller would recognize this transaction by debiting and cred if the customer had not yet paid on their account. 4. A custor se within the discount window. The retailer would recognize this transaction by debiting and che rediting - LO 6.1 For each of the following statements, fill in the blanks with the correct account names. 1. A retailer purchases merchandise on credit. The retailer would recognize this transaction by debiting and crediting 2. A retaller pays for purchased merchandise within the discount window, The retailer would recognize this transaction by debiting crediting and 3. A customer returns merchandise to the retalier and receives a full refund. The retaller would recognize this transaxtion by debitin and crediting if the customer had not yet paid on their account. 4. A customer pays for purchased merchandise within the discount window. The retaller would recognize this transaction by debitir and and crediting - LO 6.1 For each of the following statements, fill in the blanks with the correct account names. 1. A retailer purchases merchandise on credit. The retaller would recosnize this transaction by debitine and crediting 2. A retaller pays for purchased merchandise within the discount window. The retaller would recognize this transaction by debiting crediting , and 3. A customer returns merchandise to the retailer and recelves a full refund. The retaller would recognite this transaction ty debiting and crediting if the customer had not yet pald on their account. 4. Acustomer pay for purchased merchandise within the discount window. The retaller would recognize this transaction by debiting and , and crediting - LO 6.1 For each of the following statements, fill in the blanks with the correct account names. 1. A retailer purchases merchandise on credit. The retailer would recognize this transaction by debiting and crediting 2. A retailer pays for purchased merchandise within the discount window. The retailer would recognize this transaction by debiting crediting 3. Acustomer returns merchandise to the retalled taller would recoznize this tramsction by debiting and crediting in their account. 4. A customer pars for purchased merchandise w tailer would recognize this transaction by debiting and , and credi - L0 6.1 For each of the following statements, fill in the blanis with the correct account names. 1. A retailer purchases merchandise on credit. The retailer would recognize this transaction by debiting and crediting 2. A retaller pays for purchased merchandise within the discount window, The retalier would recognize this transaction by debiting creditine and 3. A customer returns merchandise to the retailer and receives a full refund. The retaller would recognize this transactian by debiting and crediting it the customer had not yet paid on their account. 4. A customer pays for purchased merchandise within the discount window. The retailer would recognize this transaction by debiting and and crediting LO 6.1 For each of the following statements, fill in the blanks with the correct account names. 1. A retaller purchases merchandise on credit. The retailer would recognize this transaction by debiting and crediting 2. Aretailer pays for purchased merchandise within the discount window, The retaller would recognize this transaction by debiting and crediting and 3. A customer return merchandise to the retailer and receives a full refund. The retailer would recognize this transaction by debiting and creditin if the customer had not yet paid on their account. 4. Acustomer p ithin the discount window, The retaile would recognize this transaction by debiting and ting - LO 6.1 For each of the following statements, fill in the blanks with the correct account names. 1. A retailer purchases merchandise on credit. The retailer would recognize this transaction by debiting and crediting 2. A retailer pays for purchased merchandise within the discount window. The retaller would recognize this transaction by debiting and crediting and 3. A cuntomer returns merchandise to the retalier and receives a full refund. The retaller would recognize this transaction by debiting and crediting if the customer had not yet paid on their account. 4. A customer pays for purchased merchandise within the discount window. The retaler would recognize this transaction by debiting and and crediting - LO 6.1 For each of the following statements, fill in the blaniks with the correct account names. 1. A retalier purchases merchandise on credit. The retailer would recognize this transaction by debiting and crediting 2. A retailer pays for purchased merchandise within the discount window. The retailer would recognize crediting , and 3. A customer returns merchandise to the retaller and receives a full refund. The retailer would recogni: and crediting if the customer had not yet paid on their account. 4. A customer pays for purchased merchandise within the discount window. The retalier would recognize this transaction by debiting and , and crediting - LO 6.1 For each of the following statements, fill in the blanks with the correct account names. 1. A retailer purchases merchandise on credit. The retaller would recognize this transaction by debiting and crediting 2. rchandise within the discougs window. The retaller would recognize this transaction by debiting Sales Returns and Allowances 3. Accounts Receivable Accounts Payable 4. Cash and and to the retailer and recelves a full refund, The retailer would recognize this transaction by debiting If the customer had not yot paid on their account. perchandise within the discount window. The retaller would recognize this transaction by de biting and crediting - LO 6.1 For each of the following statements, fill in the blanks with the correct account names. 1 A retailer purchases merchandise on credit. The retailer would recognize this transaction by debiting and crediting 2. A retailer pays for purchased merchandise within the discount window. The retailer would recognize this transaction by debiting. crediting and 3. A customer returns merchandise to the retailer and receives a full refund. The retailer would recogrize this transaction by debiting and crediting If the customer had not yet paid on their account. 4. A customer pays for purchased merchandise within the discount window. The retaller would recoenire this transaction by debiting and , and crediting

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