The periodic total of sales return journal is posted to :(i) Sales account(ii) Goods account(iii) Purchases return account(iv) Sales return account
The periodic total of sales return journal is posted to :(i) Sales account(ii) Goods account(iii) Purchases return account(iv) Sales return account
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter5: Accounting For Retail Businesses
Section: Chapter Questions
Problem 17E: Purchase-related transactions Based on the data presented in Exercise 5-16, journalize Balboa Co.s...
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The periodic total of sales return journal is posted to :
(i) Sales account
(ii) Goods account
(iii) Purchases return account
(iv) Sales return account
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