Multiple Choice
Jog Ltd employs a perpetual inventory system.When a customer returns merchandise to Jog Ltd that he purchased on credit,which of these entries would Jog Ltd make?
A) DR Accounts receivable CR Sales returns
B) DR Sales returns CR Cash
C) DR Sales returns CR Accounts receivable
D) DR Cash CR Accounts receivable
Correct Answer:

Verified
Correct Answer:
Verified
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