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    Principles of Financial Accounting Study Set 1
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    Exam 5: Accounting for Merchandising Operations
  5. Question
    Which of the Following Would Be Classified as a Contra
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Which of the Following Would Be Classified as a Contra

Question 42

Question 42

Multiple Choice

Which of the following would be classified as a contra account?


A) Sales
B) Sales Returns and Allowances
C) Merchandise Inventory
D) Unearned Revenue

Correct Answer:

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