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When recording a $2,600 sales return of undamaged goods for a sale originally made on account, when the merchandise had a cost of $1,200 under
When recording a $2,600 sales return of undamaged goods for a sale originally made on account, when the merchandise had a cost of $1,200 under the perpetual inventory system, include a A. credit to Cost of Goods Sold of $2,600 O B. debit to Inventory of $1,200 C. credit to Sales Returns and Allowances of $1,200 D. debit to Sales Returns and Allowances of $1,200 W
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