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    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 5: Accounting for Merchandising Activities
  5. Question
    A Debit to Sales Returns and Allowances and a Credit
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A Debit to Sales Returns and Allowances and a Credit

Question 45

Question 45

True/False

A debit to Sales Returns and Allowances and a credit to Accounts Receivable mean that a customer may have returned merchandise.

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