Question
Received all goods that Waren had authorized Eastern Wisconsin University to return on EWU's return request No. R8034 for credit against their account balance. Process
Received all goods that Waren had authorized Eastern Wisconsin University to return on EWU's return request No. R8034 for credit against their account balance.
Process and record the sales return now. Sales return amount is 3,480.00
How do to record this? Is it credit Sales Returns and debit A/R?
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Cost Accounting Principles And Applications
Authors: Horace Brock, Linda Herrington, La Vonda Ramey
7th Edition
0071115609, 978-0071115605
