Question: Fill in the blank(s) to complete the statement. The normal balance of sales returns and allowances is__________. ____________ ___________ and _________ is a contra-revenue account.

Fill in the blank(s) to complete the statement. The normal balance of sales returns and allowances is__________. ____________ ___________ and _________ is a contra-revenue account. Sales is a(n) _______ account. A discount period is less time than the __________ ___________. A debit to accounts receivable and a credit to sales records the sale of merchandise __________ ___________. The ___________ ___________ __________ __________ lists in alphabetical order an account for each customer. ______________ in the general ledger is called the controlling account. The collection of a sale on account is posted to the __________ and ________________. Issuing ____________ _______ results in a debit to sales returns and allowances and a credit to accounts receivable. The normal balance of Sales Discounts is ______________. Sales Tax payable is a(n) _________ in the general ledger. Cash sales result in a(n) __________ to cash and a _________ to sales. Sales Returns and Allow Fill in the blank(s) to complete the statement. The normal balance of sales returns and allowances is__________. ____________ ___________ and _________ is a contra-revenue account. Sales is a(n) _______ account. A discount period is less time than the __________ ___________. A debit to accounts receivable and a credit to sales records the sale of merchandise __________ ___________. The ___________ ___________ __________ __________ lists in alphabetical order an account for each customer. ______________ in the general ledger is called the controlling account. The collection of a sale on account is posted to the __________ and ________________. Issuing ____________ _______ results in a debit to sales returns and allowances and a credit to accounts receivable. The normal balance of Sales Discounts is ______________. Sales Tax payable is a(n) _________ in the general ledger. Cash sales result in a(n) __________ to cash and a _________ to sales. Sales Returns and Allow
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