What Is the Entry to Record the Return of Goods

question 12

Multiple Choice

What is the entry to record the return of goods to a supplier under the perpetual inventory system, including GST?

• A) Debit inventory, credit purchases returns, credit GST outlays
• B) Debit accounts payable, credit purchases, credit GST outlays
• C) Debit inventory, debit GST outlays, credit accounts payable
• D) Debit accounts payable, credit inventory, credit GST outlays

---

Definitions:

Avoiding Type

A personality disposition characterized by a tendency to evade confronting problems, stress, or conflict.

Dependent Type

In computer science, a dependent type is a type whose definition depends on a value.

Dominant Type

An personality or behavioral pattern characterized by assertiveness, control, and leadership qualities, often taking a leading role in situations.

Order Of Birth

The sequence in which a child is born in relation to their siblings, impacting their personality and behavior.