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Sale of Goods on Account (Expense) Merchandise was sold on account. In the Expense part of the seller's Journal Entry: The debit will (increase/decrease) the

Sale of Goods on Account (Expense) Merchandise was sold on account. In the Expense part of the seller's Journal Entry: The debit will (increase/decrease) the The debit account appears before Allowance for Doubtful Accounts on the The credit will [Accounts Payable The account credited appears in the Moving to another question will save this response, 888 (increase/decrease) the section of the 31 MacBook Fur account. (Financial Statement). account. A (Financial Statement). 40 Dil DD Return of Inventory Purchased on Account Merchandise purchased was returned by the buyer. The following Journal Entry will be made by the buyer. The debit will increase (increase/decrease) the Sales account. The account debited appears in the Revenue section of the Balance Sheet (increase/decrease) the Accounts Receivable (Financial Statement) account.. The account credited appears in the Current Assets section of the Balance Sheet (Financial Statement). The credit will decrease Moving to another question will save this response. 80 FR 000 000 31 tv STA A MacBook Air 00 Dil 8= DD TI

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