if-a-customer-returns-goods-worth-600-what-is-the-impact-on-accounts-receivable

Question

If a customer returns goods worth $600, what is the impact on accounts receivable?

Accepted Answer

Accounts receivable decreases by $600.

Answer

Accounts receivable decreases by $300.

Answer

Accounts receivable remains unchanged.

Answer

Accounts receivable increases by $600.

If a customer returns goods worth \$600, what is the impact on accounts receivable?