28.When Customer returns defective goods of a company, which of the following entries should be made? a. Debit Sales, Credit Sales Allowances b. Debit Sale Returns, Debit Inventories c. Debit Inventories, Credit Sales d. Debit Sale Return, Credit

d. Debit Sale Return, Credit

Explanation:

When a Customer returns defective goods of a company, the entries that should be made are "Debit Sale Return, Credit."

This is because the usual practice allows that at the install sale, the entries that will be made is Debit, Credit Sale. However, when a return of goods sold is made, the practice allows that the entries will be Debit Sale Return, Credit.

after lydia compare her check register to her bank statement, and the ending balances do not seem to match. then, she must make a bank reconciliation by putting the data all together.

to do this, she need to determine the bank ending balance. after, add the deposits in transit then deduct the outstanding checks. moreover, if the actual checkbook balance does not equal this number, check again for transporting errors by subtracting the balances and add the difference to nine. sometimes, a mathematical error can happen but a bank reconciliation is a great tool to resolve the discrepancies.