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    College Accounting
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    Exam 10: Purchases and Cash Payments
  5. Question
    Purchases Returns and Allowances
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Purchases Returns and Allowances

Question 8

Question 8

Multiple Choice

Purchases Returns and Allowances:


A) decrease net income.
B) increase net income.
C) have no effect on net income.
D) Not enough information provided.

Correct Answer:

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