To Record a Return of Merchandise Purchased for Cash on the Books

question 85

Multiple Choice

To record a return of merchandise purchased for cash on the books of the buyer, the accountant would:

• A)debit Purchases Returns and Allowances and credit Cash.
• B)debit Purchases and credit Purchases Returns and Allowances.
• C)debit Purchases Returns and Allowances and credit Purchases.
• D)debit Cash and credit Purchases Returns and Allowances.

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Definitions:

Table Datasheet View

A display format in databases where data is presented in rows and columns, resembling a spreadsheet.

Structured Query Language (SQL)

A programming language used for managing and manipulating relational databases through executing queries and operations.

Copying and Pasting

The action of duplicating information from one location to another using a combination of commands or clicks within a software application or between applications.

Query Design View

In database applications, it's a graphical interface that allows users to create and modify database queries without needing to write SQL code directly.