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Smith Co has the following transactions: 1. Purchase of goods on credit from T Rader: $450

2. Return of goods purchased on credit last month to T Rouble: $700 What are the correct ledger entries to record these transactions?

A、Dr Purchases $450 Dr Purchase Returns $700 Cr Cash $450 Cr Trade Payables $700

B、Dr Purchases $450 Dr Trade Payables $700 Cr Purchase Returns $1,150

C、Dr Purchases $450 Dr Trade Payables $250 Cr Purchase Returns $700

D、、 Dr Purchase Returns $700 Dr Purchases $450 Cr Trade Payables $1,150

提问人:网友chuguangan 发布时间:2022-01-07
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