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Q: What is the entry to record the return of merchandise from a customer?
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Related questions

The entry to record the return of merchandise from a customer would include what?

debit to sales


When a buyer returns merchandise purchased for cash the buyer may record the transaction using the following entry?

debit cash; credit merchandise inventory


When a buyer returns merchandise purchased for cash the buyer may record th transaction using?

when a buyer returns merchandise purchased for cash, the buyer may record the transaction using the following entry


What is the journal entry to record sale of merchandise?

Debit accounts receivable / cash / bankCredit sales revenue


When a record has an entry that is unique to it such as a customer number this field is called?

unique identifier


How do you record journal entry for a purchase return?

debit cash / bank / accounts payablecredit purchase return


What is journal entry to record return of supplies on account?

debit accounts payablecredit supplies return account


Merchandise is sold for cash The selling price of the merchandise is 3000 and the sale is subject to a 7 state sales tax The journal entry to record the sale would include?

A debit to Cash for $3,000.


In Microsoft access When a record has an entry that is unique to them such as a customer number this field is called?

unique identifier!!


What is the journal entry to record letter of credit?

I received letter of credit from my customer how i have to enter my entries


Purchase return Accounting?

"Purchase returns" is the entry made in the journal that refers to "Unsatisfactory or defective merchandise/goods which is returned back to the supplier".


What is the journal entry to record a sale from inventory with a trade in?

Sales >>>Cash/Accounts Rec/NotesRec Cost of Goods Sold >>>Merchandise Inventory