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    Financial Accounting Study Set 31
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    Exam 5: Accounting for Merchandising Operations
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    A Sales Discount Does Not
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A Sales Discount Does Not

Question 67

Question 67

Multiple Choice

A sales discount does not


A) provide the purchaser with a cash saving.
B) reduce the amount of cash received from a credit sale.
C) increase a contra-revenue account.
D) increase an operating expense account.

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