Question: Which statement is incorrect? O Sales discounts are recorded as debits to the Sales Revenue account. The Sales Revenue account is a revenue account. The
Which statement is incorrect? O Sales discounts are recorded as debits to the Sales Revenue account. The Sales Revenue account is a revenue account. The Sales Revenue account is used to record the sales of goods held for resale to customers. The Sales Revenue account has a normal credit balance and is closed at the end of the accounting period
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