Business decision makers desire information on sales returns and allowances. (1) Explain why a companys manager wants

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Business decision makers desire information on sales returns and allowances.
(1) Explain why a company’s manager wants the accounting system to record customers’ returns of unsatisfactory goods in the Sales Returns and Allowances account instead of the Sales account.
(2) Explain whether this information would be useful for external decision makers.

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Related Book For  answer-question

Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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