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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 12: Completion of the Accounting Cycle for a Merchandise Company
  5. Question
    When Closing Sales,which of the Following Accounts Will Also Be
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When Closing Sales,which of the Following Accounts Will Also Be

Question 1

Question 1

Multiple Choice

When closing sales,which of the following accounts will also be closed?


A) Sales Returns and Allowances
B) Purchases Discount
C) Purchases
D) Owner's Capital

Correct Answer:

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