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    Business
  3. Study Set
    Fundamentals of Financial Accounting
  4. Exam
    Exam 6: Internal Control and Financial Reporting for Cash and Merchandising Operations
  5. Question
    Contra-Revenue Accounts
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Contra-Revenue Accounts

Question 78

Question 78

Multiple Choice

Contra-revenue accounts:


A) are balance sheet accounts.
B) increase net income.
C) are increased with a debit.
D) increase net sales.

Correct Answer:

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