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Which of the following accounts normally has a credit balance? A. Discounts Allowed B. Discounts Received C. Purchases D. Sales

Question:

Which of the following accounts normally has a credit balance? 

A. Discounts Allowed 

B. Discounts Received 

C. Purchases 

D. Sales Returns

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Related Book For  answer-question
Accounting A Level And AS Level

Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Details
Chapter # 6- The trial balance
Section: Multiple Choice Questions
Problem: 1
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Question Posted: August 27, 2023 09:16:54
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