Ables Budget Boutique uses special journals. If a credit customer returns $40 of goods on which $3 of sales tax was charged, identify the statement below that would be correct when posting the transaction.
A) A credit of $40 would be posted to the customer's account in the accounts receivable ledger.
B) A debit of $43 would be posted to the customer's account in the accounts receivable ledger.
C) A credit of $43 would be posted to the customer's account in the accounts receivable ledger.
D) A debit of $40 would be posted to the customer's account in the accounts receivable ledger.
Correct Answer:
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