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Using the perpetual inventory system, which of the following is the correct journal entry for recording the expense portion of a customers return of inventory?

Using the perpetual inventory system, which of the following is the correct journal entry for recording the expense portion of a customers return of inventory? a. Debit Sales Revenue; credit Cash b. Debit Cost of Goods Sold; credit Inventory c. Debit Inventory; credit Cost of Goods Sold d. Debit Cash; credit Sales Revenue

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