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    Financial Accounting Study Set 31
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    Exam 5: Accounting for Merchandising Operations
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    The Respective Normal Account Balances of Sales Revenue, Sales Returns
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The Respective Normal Account Balances of Sales Revenue, Sales Returns

Question 189

Question 189

Multiple Choice

The respective normal account balances of Sales Revenue, Sales Returns and Allowances, and Sales Discounts are


A) credit, credit, credit.
B) debit, credit, debit.
C) credit, debit, debit.
D) credit, debit, credit.

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