Dogs R US uses the perpetual inventory system to account for its merchandise. A customer returned merchandise. Assuming that the purchase was originally bought on credit for $400 with a cost to Dogs R US of $100, demonstrate required journal entry of Dogs R US to record the return by selecting all of the correct actions below. A. Credit Accounts Receivable $700.
B. Debit Gash $686.
C. Debit Accounts Receivable $700.
D. A Debit Sales Discounts $14.
E. Credit Sales Discounts $14.
F. Debit Cash $700.