question archive Last week $1,000 of total merchandise is returned back to Grantham Rocking Chair Manufacturing Inc
Last week $1,000 of total merchandise is returned back to Grantham Rocking Chair Manufacturing Inc
Subject:AccountingPrice: Bought3
Last week $1,000 of total merchandise is returned back to Grantham Rocking Chair Manufacturing Inc. The Cost of Goods Sold for this inventory was recorded at $350 total. Record the journal entry for this transaction.
