Company A sold supplies to Company B. After receiving the supplies, Company B found that some supplies were polluted. Af

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Company A sold supplies to Company B. After receiving the supplies, Company B found that some supplies were polluted. Af

Post by answerhappygod »

Company A sold supplies to Company B. After receiving the supplies, Company B found that some supplies were polluted. After negotiating with Company A, Company Breturned 30% of the total supplies back to Company A? Which of the following accounts should be credited for Company B?
A Inventory
B, Sales return and allowances
C, A/P
D, Purchase return and allowances
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply