The journal entry to record a return of merchandise purchased on account under a periodic inventory system would be
A) Accounts Payable Purchase Returns and Allowances
B) Purchase Returns and Allowances Accounts Payable
C) Accounts Payable Inventory
D) Inventory Accounts Payable

Question

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The Answer of The journal entry to record a return of merchandise purchased on account under a periodic inventory system would be
A) Accounts Payable Purchase Returns and Allowances
B) Purchase Returns and Allowances Accounts Payable
C) Accounts Payable Inventory
D) Inventory Accounts Payable

The Journal Entry to Record a Return of Merchandise Purchased