When a buyer returns merchandise purchased for cash the, Financial Accounting

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When a buyer returns merchandise purchased for cash the

When a buyer returns merchandise purchased for cash, the buyer will record the transaction as a debit to Merchandise Inventory; a credit to Cash debit to Cash; a credit to Sales debit to Cash; a credit to Merchandise Inventory debit to Sales; a credit to Accounts Payable

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Financial Accounting: When a buyer returns merchandise purchased for cash the

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