Business, 10.04.2020 23:53, dixonmckenzie1429
Oriole Co. returned defective goods costing $5,000 to Mal Company on April 19, for credit. The goods were purchased April 10, on credit, terms 3/10, n/30. The entry by Glover Co. on April 19, in receiving full credit is:
a. AccountsPayable5,000Inventory5,000< br /> b. AccountsPayable5,000Inventory150Cas h5,150
c. AccountsPayable5,000Purchase Discounts120Inventory4,850
d. AccountsPayable5,000Inventory120Cas h4,850
Answers: 2
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Oriole Co. returned defective goods costing $5,000 to Mal Company on April 19, for credit. The goods...
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