Cafeteria Supply Returned 2 Cases of Defective Warming Trays to the Vendor

question 60

Essay

Cafeteria Supply returned 2 cases of defective warming trays to the vendor for an amount of $600.Prepare the journal entry for this transaction.Cafeteria Supply uses a perpetual inventory system and purchased the cases on account.Omit explanation.

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Definitions:

Conj

Conj, short for conjunction, refers to the logical operator that connects two propositions, statements, or terms, where the compound statement is true if both components are true.

Simp

A colloquial expression indicating someone who goes to great lengths to gain the favor of another, often ignoring their own dignity.

Add

To combine one or more numbers or values to get a sum or total.

Simp

A slang term often used to describe someone who performs excessive sympathy or attention towards another person, typically someone they're romantically interested in, often with nothing in return.