Question: 20. When the net price method is used to record credit sales, the Sales Discounts Not Taken account is reported as a(n) a. addition

20. When the net price method is used to record credit sales,

20. When the net price method is used to record credit sales, the Sales Discounts Not Taken account is reported as a(n) a. addition to sales returns & allowances on the income statement b. deduction from gross sales on the income statement C. deduction from selling expenses on the income statement d. addition to other revenue on the income statement 7

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