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Business, 06.10.2019 11:00 Animallover100
Merchandise was returned to a supplier. the goods were previously purchased on account. the goods had not been paid for and there were no discounts. assuming a periodic system, what journal entry is needed by the purchaser to record the return? question 3 options: debit accounts payable, and credit inventory. debit accounts payable, and credit purchase returns and allowances. debit accounts payable, and credit purchases. debit accounts payable, and credit purchase discounts.
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Merchandise was returned to a supplier. the goods were previously purchased on account. the goods ha...
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