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Which of the following transaction is correct when recording a purchase return and allowance? a. Debit cash, credit accounts payable b. Debit accounts payable, credit

Which of the following transaction is correct when recording a purchase return and allowance?

a. Debit cash, credit accounts payable

b. Debit accounts payable, credit purchases return and allowance

c. Debit purchases, credit purchases return and allowance

d. Debit purchases return and allowance, credit cash

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