Doughton Furniture Company purchased merchandise on credit from Furniture Supply for $8,000. Two days later...
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Accounting
Doughton Furniture Company purchased merchandise on credit from Furniture Supply for $8,000. Two days later Doughton returned $2,000 of the merchandise due to damage. When Doughton pays for the merchandise minus the return, it would record the payment in the:
General journal.
Cash receipts journal.
Cash disbursements journal.
Purchases journal.
Accounts Payable controlling account.
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You can see the logs in the Dashboard.