On May 30, Cecil Company purchased merchandise on account from Ricci Company as follows - Sales Price: $40,000, Sales Te
Posted: Tue Jul 05, 2022 11:22 am
On May 30, Cecil Company purchased merchandise on account fromRicci Company as follows - Sales Price: $40,000, Sales Terms: 2/10,n/30. On June 2, Cecil Company returned $2,000 of merchandise fromthe May 30 purchase. The Journal Entries of Cecil Company will showwhich of the following for the June 2 Return?