Question 8 View Policies Current Attempt in Progress Assume that Oriole and Sheridan uses the earnings approach for revenue recognition Oriole returned to Sheridan Inc. 6 danaged fuses. Sheridan accepted the return and issued a credit note for $280. Oriole for the merchandise had purchased on account. To record this return, Sheridan's accountant must debit Cash and credit Sales for $280. debit Sales and credit Cash for $280. debit Sales Returns and Allowances and credit Accounts Receivable for $280. debit Sales Returns and Allowances and credit Cash for $280. Save for Later Attempts: 0 of 1 used Submit Awer