Multiple Choice
Hugh Snow returned merchandise to Farley Co.The entry on Hugh Snow's books to record the return of merchandise to Farley Co.would include a:
A) Debit Accounts Payable
B) Credit to Purchase Returns and Allowances
C) Debit to Account Receivable
D) Debit Sales Returns and Allowances
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Freight charges on merchandise purchases should be
Q6: At the end of February 2016 and
Q8: In a firm that uses special journals,the
Q9: The amount of the purchases for a
Q11: The journal entry to record the purchase
Q12: A creditor's account in the accounts payable
Q13: A firm had purchases of $16,200,freight charges
Q14: For each of the transactions listed below,identify
Q15: Read the description of the following transactions
Q29: No amounts are posted from the purchases