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Unformatted text preview: 150 Accounts Receivable 150 goods) Merchandise Inventory 75 Cost of Goods Sold 75 (to record cost of goods returned) (record goods purchased from Ex Libris on account) (credit sale to Readers R US ) (credit for 10 books returned to Ex Libris ) (record payment from Readers R US ) (credit sale to Bargain Books ) (record goods purchased from Bookem Publishers ) (payment from Bargain Books ) (payment to Bookem Publishers ) (credit sale to Read-n-Weep ) (record credit granted to Read-n-Weep for returned...
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- Fall '06