Multiple Choice
Which of the following are the normal balances of Sales,Sales discounts and Sales returns and allowances,respectively?
A) Debit,credit and credit
B) Credit,debit and debit
C) Debit,debit and credit
D) Credit,credit and debit
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q80: Which of the following defines Net sales
Q81: A firm uses the periodic inventory method.Which
Q82: Which of the following assets MUST a
Q83: The following pertains to periodic inventory: On
Q84: A company sold inventory worth $212 for
Q86: What is the first step in the
Q87: On a retailer's balance sheet,inventory is listed
Q88: The following details are provided by
Q89: Which of the following describes Net sales
Q90: What is a purchase return?<br>A)A return of