The Entry to Record the Return of Goods from a Customer

question 75

Multiple Choice

The entry to record the return of goods from a customer would include a

• A)debit to Sales Revenue.
• B)credit to Sales Revenue.
• C)debit to Sales Returns and Allowances.
• D)credit to Sales Returns and Allowances.

---

Definitions:

General Factory

refers to the overall operations and activities that take place within a manufacturing facility, including production, maintenance, and storage.

Activity Rate

This is the frequency or intensity with which a specific process or activity is conducted within a given time frame.

Activity-Based Costing

A costing methodology that assigns overhead and indirect costs to specific activities, enhancing the accuracy of product costing.

Labor-Related

Pertaining to costs, activities, or issues directly connected with the workforce of a business, including wages, benefits, and productivity.