Camilla purchased a corn snake as a pet while she was away from home.When she arrived at her dorm,the resident assistant reminded Camilla of the "no pets" policy and Camilla had to bring the snake back to the store.The pet store's accounting department would enter this transaction as a
A)customer allowance
B)fixed cost
C)customer return
D)net cost of doing business
E)gross cost

Question

Quizplus · Accepted Answer

Customer returns represent merchandise that the buyer finds unsatisfactory and returns.

Camilla Purchased a Corn Snake as a Pet While She