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:

Burgess Shale

A Lagerstätte in Canada in which there is a wealth of preserved fossils from the Cambrian period.

Lagerstätte

Lagerstätte (plural, Lagerstätten) is a site with an abundant supply of unusually well-preserved fossils — often including soft tissues — from the same period of time.

Cambrian

A geological time period occurring approximately 541 million years ago, notable for the Cambrian Explosion, a significant increase in the diversity of life on Earth.

Oldest Vertebrate Trackways

The earliest known fossilized paths made by the locomotion of vertebrates, providing insights into prehistoric behavior and environments.