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Merchandise paid for within the discount period for a Cash refund was returned. This will be recorded with a A. credit to a liability. B. credit to an asset. C. debit to a liabi…

Merchandise paid for within the discount period for a Cash refund was returned. This will be recorded with a A. credit to a liability. B. credit to an asset. C. debit to a liabi…
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Merchandise paid for within the discount period for a Cash refund was returned. This will be recorded with a A. credit to a liability. B. credit to an

asset. C. debit to a liability. D. debit to an asset.

asked
User Jorge Guerreiro
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7.8k points

1 Answer

3 votes
The answer would be D: debit to an asset. Hoped this helped:)
answered
User Millikan
by
7.8k points
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