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    Exam 5: Accounting for Merchandising Operations
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    The Respective Normal Account Balances of Sales, Sales Returns and Allowances
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The Respective Normal Account Balances of Sales, Sales Returns and Allowances

Question 190

Question 190

Multiple Choice

The respective normal account balances of Sales, Sales Returns and Allowances, and Sales Discounts are


A) credit, credit, credit.
B) debit, credit, debit.
C) credit, debit, debit.
D) credit, debit, credit.

Correct Answer:

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