The return of merchandise to the supplier for credit using the perpetual inventory system would include a: A. debit to Accounts Payable and a credit to Merchandise Inventory. B. debit to Accounts Receivable and a credit to Accounts Payable. C. debit to Sales Returns and Allowances and a credit to Merchandise Inventory. D. debit to Accounts Payable and a credit to Purchases Returns and Allowances
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Home » Business » The return of merchandise to the supplier for credit using the perpetual inventory system would include a: A. debit to Accounts Payable and a credit to Merchandise Inventory. B. debit to Accounts Receivable and a credit to Accounts Payable. C.