question archive a customer returned merchandise, with a selling price of $900 purchased on account, to a department store Ignoring cost of goods sold, which journal entry should the department store prepare? Assume no discounts were offered Debit Sales Refunds Payable for $900 and credit Accounts Receivable for $900 Debit Sales Revenue for $900 and credit Accounts Receivable for $900 Debit Sales Revenue for $900 and credit Cash for $900 Debit Sales Revenue for $900 and credit Sales Refunds Payable for $900
a customer returned merchandise, with a selling price of $900 purchased on account, to a department store Ignoring cost of goods sold, which journal entry should the department store prepare? Assume no discounts were offered Debit Sales Refunds Payable for $900 and credit Accounts Receivable for $900 Debit Sales Revenue for $900 and credit Accounts Receivable for $900 Debit Sales Revenue for $900 and credit Cash for $900 Debit Sales Revenue for $900 and credit Sales Refunds Payable for $900
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a customer returned merchandise, with a selling price of $900 purchased on account, to a department store Ignoring cost of goods sold, which journal entry should the department store prepare? Assume no discounts were offered
Debit Sales Refunds Payable for $900 and credit Accounts Receivable for $900
Debit Sales Revenue for $900 and credit Accounts Receivable for $900
Debit Sales Revenue for $900 and credit Cash for $900
Debit Sales Revenue for $900 and credit Sales Refunds Payable for $900
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