July 13: Made refunds to cash customers, $190, for defective merchandise. The cost of defective merchandise was $30. Journalize the cost of defective merchandise.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A28

July 13: Made refunds to cash customers, $190, for defective merchandise. The cost of defective merchandise was $30.
Journalize the cost of defective merchandise.
Date
Jul. 13
Account Titles
Debit
Credit
Transcribed Image Text:July 13: Made refunds to cash customers, $190, for defective merchandise. The cost of defective merchandise was $30. Journalize the cost of defective merchandise. Date Jul. 13 Account Titles Debit Credit
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