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Your company uses the Periodic Inventory system. What is the journal entry to record returning merchandise inventory to your vendor that was bought on- account?

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Your company uses the Periodic Inventory system. What is the journal entry to record returning merchandise inventory to your vendor that was bought on- account? dr. Choose... Cr. Choose... dr. Merchandise Inventory dr. Purchases Returns & Allowances Your comp What is the account? cr. Accounts Payable cr. Merchandise Inventory cr. Purchases Returns & Allowances ndise inventory to your vendor that was bought on- dr. dr. Accounts Payable Your company uses the Perpetual Inventory system. What is the journal entry to record returning merchandise inventory to your vendor that was bought on- account? dr. Choose... cr. Choose... dr. Accounts Payable cr. Accounts Payable Your comp dr. Purchases Returns & Allowances s made on-account You made dr. Merchandise Inventory What is you jrace period? cr. Merchandise Inventory dr. Cash $ cr. Purchases Returns & Allowances

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