A Merchandiser Returned Inventory Worth $1,900 That Was Purchased on Account.In

question 175

Multiple Choice

A merchandiser returned inventory worth $1,900 that was purchased on account.In a periodic inventory system,the journal entry to record the return would include ________.

• A) a debit to Purchase Returns and Allowances for $1,900 and a credit to Accounts Payable for $1,900
• B) a debit to Accounts Payable for $1,900 and a $1,900 credit to Purchase Returns and Allowances
• C) a debit to Purchases for $1,900 and a credit to Accounts Payable for $1,900
• D) a debit to Accounts Payable for $1,900 and a credit to Purchases for $1,900

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Definitions:

Fully Functioning Person

A term by Carl Rogers describing an individual who is in touch with their feelings and desires, living a life that is authentic and fulfilling.

Mental

Related to the processes of the mind or psychological states and functions.

Physical

Pertaining to the body as opposed to the mind or spirit, involving biological and physiological attributes or activities.

Opinions of Others

Refers to the beliefs, views, or judgments that individuals hold about someone or something, which can significantly influence personal attitudes, behaviors, and decision-making.