The journal entry to record the return of merchandise from a credit customer would include a:
A)credit to sales returns and allowances
B)credit to accounts receivable
C)debit to sales revenue
D)debit to cash

Question

Quizplus · Accepted Answer

When merchandise is returned by a credit customer, the accounts receivable is credited to reduce the amount owed by the customer.

The Journal Entry to Record the Return of Merchandise from a Credit