Returned merchandise under the periodic inventory method. This will be recorded

Accounting
Tutor: None Selected Time limit: 1 Day

Returned merchandise under the periodic inventory method. This will be recorded with a __________.

C. credit to Accounts Payable and a debit to Merchandise Inventory
D. debit to Accounts Payable and a credit to Merchandise Inventory

Jan 13th, 2015

The Right Answer is :-

C. credit to Accounts Payable and a debit to Merchandise Inventory

Jan 13th, 2015

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Jan 13th, 2015
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