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    Financial Accounting IFRS Study Set 2
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    Exam 5: Accounting for Merchandising Operations
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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 94

Question 94

Multiple Choice

Which of the following accounts has a normal credit balance?


A) Sales Returns and Allowances
B) Sales Discounts
C) Sales
D) Freight-out

Correct Answer:

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