On December 2,a Customer Returned Merchandise,with a Selling Price of $1,200

question 66

Multiple Choice

On December 2,a customer returned merchandise,with a selling price of $1,200 purchased on account,to a department store.Ignoring cost of goods sold,which journal entry should the department store prepare? Assume no sales discount was offered for early payment.

• A) Debit Sales Revenue for $1,200 and credit Accounts Receivable for $1,200.
• B) Debit Sales Revenue for $1,200 and credit Cash for $1,200.
• C) Debit Sales Revenue for $1,200 and credit Sales Returns and Allowances for $1,200.
• D) Debit Sales Returns and Allowances for $1,200 and credit Accounts Receivable for $1,200.

---

Definitions:

Effective Resumes

Resumes designed to highlight a job seeker's skills, experience, and achievements in a manner that attracts potential employers.

Written Communication

The sharing of information or ideas through written symbols, text, or other visual media.

Functions

Distinct operations or activities that an entity or system is designed to perform.

Delivery Skills

Abilities related to effectively conveying information or presentations to an audience, including clarity, pace, and body language.