Hugh Snow, the buyer, returned merchandise to farley co., the seller. the entry on the books of Farley company to record the return of merchandise from Hugh Snow would include a:
debit to Sales and a credit to Sales Returns and Allowances
Debit to Sales discounts and a credit to Accounts Receivable.
debit to Sales Returns and Allowances and a credit to Account Receivable
debit to Accounts Payable and a credit to Sales Returns and Allowances
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