Question: Sales Returns & Allowances is a ______ account and is ______ when goods are returned by customers for a refund. Multiple choice question. contra-asset; debited

Sales Returns & Allowances is a ______ account and is ______ when goods are returned by customers for a refund. Multiple choice question. contra-asset; debited contra-revenue; debited liability; credited revenue; credited contra-asset; credited contra-revenue; credited

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