Why is a sales return or allowance usually recorded in the Sales Returns and Allowances account rather

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Why is a sales return or allowance usually recorded in the Sales Returns and Allowances account rather than being debited to the Sales account?

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College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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Question Posted: May 25, 2016 04:27 AM

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Why is a sales return or allowance usually recorded in the Sales Returns and Allowances account rather

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This is because it would be easier to assess the sales return in a month or period of a...View the full answer

College Accounting A Contemporary Approach

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