Question
Question 4 1 pts When a credit memo is issued to a customer for return of product sold earlier, what will be debit side of
Question 41 pts
When a credit memo is issued to a customer for return of product sold earlier, what will be debit side of the journal entry(ies)
Group of answer choices
Dr.Sales Income,Dr.Sales Tax payable, Dr. Inventory
Dr.COGS,Dr.Inventory,Dr.Sales Income
Dr.A/R, Dr. Sales tax,Dr.Inventory
Either A or B (my assumption)
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Principles Of Accounting
Authors: Steven M. Bragg
1st Edition
1642210773, 978-1642210774
