Question: 1 5 Sales returns: 0 0 : 4 8 : 4 3 Multiple Choice Refer to customers returning merchandise back to the seller for a

15
Sales returns:
00:48:43
Multiple Choice
Refer to customers returning merchandise back to the seller for a refund.
Refer to reductions in the selling price of merchandise sold to customers.
Represent cash discounts.
Represent purchases discounts.
Are not recorded under the perpetual inventory system until the end of each accounting period.
15 Sales returns: 00:48:43 Multiple Choice Refer to customers returning merchandise

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