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  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services
  4. Exam
    Exam 5: Overall Audit Strategy, Audit Program, Audit of the Sales and Collection Cycle, Audit Sampling for Tests of Controls and Substantive Tests of Transactions
  5. Question
    In Which of the Following Will Sales Return and Allowances
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In Which of the Following Will Sales Return and Allowances

Question 25

Question 25

Multiple Choice

In which of the following will sales return and allowances not be recorded?


A) Sales returns and allowances transaction file.
B) Accounts receivable master file.
C) Cash receipts journal.
D) Sales returns and allowances will be recorded in all of the above.

Correct Answer:

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