Prince Company accepted merchandise returned by a customer who had purchased the goods on credit for $600.
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Question:
Prince Company accepted merchandise returned by a customer who had purchased the goods on credit for $600. The goods cost Prince $300.
Record Prince's journal entry to reflect the return of the merchandise.
Related Book For
Financial Accounting Information for Decisions
ISBN: 978-1259533006
8th edition
Authors: John J. Wild
Posted Date: