If a customer purchases merchandise on credit and returns the defective merchandise before payment, what accounts would

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If a customer purchases merchandise on credit and returns the defective merchandise before payment, what accounts would recognize this transaction?
A. Sales discount, cash
B. Sales returns and allowances, cash
C. Accounts receivable, sales discount
D. Accounts receivable, sales returns and allowances

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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