When $25 of merchandise is returned for a credit on account, what is the amount of the credit to Accounts Receivable, assuming a 6% sales tax rate? (a) $1.50                                  (c)...

When $25 of merchandise is returned for a credit on account, what is the amount of the credit to Accounts Receivable, assuming a 6% sales tax rate?

(a) $1.50                                  (c) $26.50


(b) $25.00                                (d) $31.00




May 26, 2022
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