If a Company Records Merchandise It Returns to Suppliers in the General

question 110

Multiple Choice

If a company records merchandise it returns to suppliers in the general journal, then

• A) a posting must be made only to the accounts payable control account.
• B) a posting must be made only to the accounts payable subsidiary ledger account.
• C) a dual posting must be made.
• D) there will be a debit to Merchandise Inventory.

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