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    College Accounting Study Set 2
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    Exam 9: Sales and Cash Receipts
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    If a Credit Memorandum Is Issued, What Account Will Be
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If a Credit Memorandum Is Issued, What Account Will Be

Question 49

Question 49

Multiple Choice

If a credit memorandum is issued, what account will be increased on the seller's books?


A) Accounts Receivable
B) Sales
C) Sales Discount
D) Sales Returns and Allowances

Correct Answer:

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