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X Company sold $1,000 worth of merchandise to a customer for $1,500. 3 days later, the customer returned $200 of the merchandise (sales price $300).
X Company sold $1,000 worth of merchandise to a customer for $1,500. 3 days later, the customer returned $200 of the merchandise (sales price $300). X's entry to record the return will include 1.Credit to Sales for $300. 2.Debit to COGS for $200. 3.Debit to Inventory for $200 . 4.All of the above. O 1 N 2 O O 3 0 4
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