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    College Accounting
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    Exam 12: Preparing a Worksheet for a Merchandising Company
  5. Question
    Which of the Following Items Generally Has a Credit Balance
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Which of the Following Items Generally Has a Credit Balance

Question 124

Question 124

Multiple Choice

Which of the following items generally has a credit balance in the income statement columns of the worksheet?


A) Sales Returns and Allowances
B) Inventory
C) Accumulated Depreciation
D) Sales

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