When a buyer returns merchandise purchased for cash, the buyer will record the transaction as a

A) debit to Inventory; a credit to Cash
B) debit to Cash; a credit to Inventory
C) debit to Cash; a credit to Sales
D) debit to Sales; a credit to Accounts Payable

Cash Returns

Financial returns or profits that are received in the form of cash, as opposed to stock dividends or other non-liquid forms of return.

Inventory

Goods and materials held by a company for the ultimate goal of resale or production, including raw materials, work-in-progress, and finished goods.