Question: content area top Part 1 On 3, a customer returned of merchandise that had been purchased with cash to Supplies. 's cost of the goods
content area top Part 1 On 3, a customer returned of merchandise that had been purchased with cash to Supplies. 's cost of the goods returned was . Which journal entry or entries should prepare? (No sales discount was offered for early payment.) Question content area bottom Part 1 A. One entry to debit Sales Revenue for and credit Cash for . B. One entry to debit Sales Revenue for , debit Refund Expense for , and credit Cash for . C. One entry to debit Sales Refunds Payable and credit Cash for ; another entry to debit Inventory and credit Inventory Returns Estimated for . D. One entry to debit Cash and credit
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