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Q1) On 3/22, Janet returned 4 of robes to Randy because silk linings had minor flaws. Randy issued credit for $700 to Janet's Spa. Record this return of Janet's purchases on Randy's books.

1. Create sales return portion of entry for this sales return on Randy's books.

2. Create inventory return portion of entry for this sales return on Randy's books

3. Record this return of purchases on Janet's books.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M920747

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