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Emily Purchased $2,000 of Merchandise on April 1 and Recorded

Question 67

Multiple Choice

Emily purchased $2,000 of merchandise on April 1 and recorded it in the voucher register. On April 8, $400 of the merchandise proved to be defective. The company uses the gross method and the periodic inventory system. The entry would be to:


A) reduce the original voucher.
B) record a purchase return in the general journal.
C) cancel the original voucher and record a revised voucher.
D) None of these answers is correct.

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