What is the double entry for the return of goods previously sold to Berries Trading on credit?

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Question:

Select one:

a. Debit Berries Trading, credit purchases returns.

b. Debit sales returns, credit Berries Trading.

c. Debit purchases returns, credit Berries Trading.

d. Debit Berries Trading, credit sales returns.

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Posted Date: Apr 01, 2022 01:52 AM

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What is the double entry for the return of goods previously sold to Berries Trading on credit?

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Correct answer Debit purchases returns credit Berries Trading E... View the full answer

Financial Accounting Tools for business decision making

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