Question: Multiple Choice - Select the letter that best represents the correct answer. Question 1 Sales return and allowance and sales discounts are contra revenue accounts.

Multiple Choice - Select the letter that best represents the correct answer.
Question 1
Sales return and allowance and sales discounts
are contra revenue accounts.
have a normal debit balance.
appear on the income statement.
all of the above.
Question 2
Multiple Choice - Select the letter that best

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