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When Costco records returned merchandise, and the product is in good condition it should A) debit cash and credit sales returns and allowances. B) credit
When Costco records returned merchandise, and the product is in good condition it should
A) | debit cash and credit sales returns and allowances. |
B) | credit cash and debit accounts receivable. |
C) | debit sales returns and allowances and credit inventory. |
D) | credit cash and debit sales returns and allowances. |
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