asked 111k views
0 votes
If a company using a perpetual inventory system returns an item to a supplier,

the journal entry should include which two accounts?
OA. accounts receivable and inventory
B. accounts payable and inventory
C. cost of goods sold and accounts payable
D. cost of goods sold and inventory

asked
User Wgj
by
8.6k points

1 Answer

7 votes
C cos of goods sold and accounts payable
answered
User Gihansalith
by
8.1k points
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