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    College Accounting
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    Exam 7: Accounting for Sales and Accounts Receivable
  5. Question
    The Sales Returns and Allowances Account Is Classified as
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The Sales Returns and Allowances Account Is Classified as

Question 96

Question 96

Multiple Choice

The Sales Returns and Allowances account is classified as


A) an asset account.
B) a contra asset account.
C) a revenue account.
D) a contra revenue account.

Correct Answer:

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