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    Exam 5: Merchandising Operations and the Multiple-Step Income Statement
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    Which of the Following Accounts Has a Normal Credit Balance
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Which of the Following Accounts Has a Normal Credit Balance

Question 110

Question 110

Multiple Choice

Which of the following accounts has a normal credit balance?


A) Sales Returns and Allowances
B) Sales Discounts
C) Sales
D) Cost of Goods Sold

Correct Answer:

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