Garden Company sold merchandise to Mammoth Industries on account for $3,450 with terms 2/10, n/30. The cost of goods sold was $1,850. Garden Company refunded Mammoth Industries for returned merchandise worth $900. The cost of goods sold was $600. Which of the following will be recorded by Mammoth Industries in the journal entry for the return using the perpetual inventory system?
a. Credit to Accounts payable, $882
b. Debit to Accounts payable, $882
c. Credit to Merchandise Inventory, $882
d. Debit to Accounts payable, $600
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