The Entry to Record the Return of Merchandise from a Customer

question 206

Multiple Choice

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

• A) debit to Sales
• B) credit to Sales
• C) debit to Customer Refunds Payable
• D) debit to Estimated Returns Inventory

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Definitions:

Androgynous Traits

Characteristics or behaviors that are not distinctly male or female but rather a blend or mix of both genders' qualities.

Leader Emergence

The natural occurrence of someone becoming the leader of a leaderless group.

Creating Vision

The act of envisioning and articulating a clear, compelling future state that an organization or individual aspires to achieve.

Influencing Others

The ability to affect the character, development, or behavior of someone or something through direct or indirect actions.