Question: Sales returns: 9 : 0 1 Multiple Choice Represent purchases discounts. Refer to customers returning merchandise back to the seller for a refund. Are not

Sales returns:
9:01
Multiple Choice
Represent purchases discounts.
Refer to customers returning merchandise back to the seller for a refund.
Are not recorded under the perpetual inventory system until the end of each accounting period.
Represent cash discounts.
Refer to reductions in the selling price of merchandise sold to customers.
Sales returns: 9 : 0 1 Multiple Choice Represent

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