calidrive1464 calidrive1464

04-06-2023
Mathematics

Answered

A customer of Boulder Company returned goods previously purchased on credit. The customer had not yet paid for the goods. What is included in the journal entry necessary in the books
of Boulder Company to record this sales return?
ODEBIT to Accounts Receivable
CREDIT to Sales Returns and Allowances
ODEBIT to Sales Returns and Allowances
-ODEBIT to Cash
CREDIT to Accounts Payable
OCREDIT to Inventory

Answer :

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