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    Exam 5: Inventories and Cost of Goods Sold
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    Sales Discounts Is Classified as What Type of Account
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Sales Discounts Is Classified as What Type of Account

Question 175

Question 175

Multiple Choice

Sales Discounts is classified as what type of account?


A) a revenue
B) an expense
C) a contra-asset
D) a contra-revenue

Correct Answer:

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