A Sales Return in a Perpetual Inventory System Requires a

question 107

Multiple Choice

A sales return in a perpetual inventory system requires a

• A) debit to Merchandise Inventory and a credit to Accounts Payable.
• B) debit to Cost of Goods Sold and a credit to Merchandise Inventory.
• C) debit to Sales Revenue and a credit to Merchandise Inventory.
• D) debit to Sales Returns and Allowances and a credit to Accounts Receivable.

---

Definitions:

Blastocyst

An early stage of mammalian embryonic development, characterized by a sphere of cells surrounding a fluid-filled cavity and an inner cell mass that will develop into the fetus.

Limb Buds

The early developmental structures in vertebrate embryos which will develop into the limbs (arms and legs).

Muscles Differentiate

The process by which muscle cells undergo specialization, acquiring characteristics specific to muscle tissue types such as skeletal, cardiac, or smooth muscle.

Downy Hair

Fine, soft hair found on the body, often covering the skin of infants and adults.