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On January 21,2019,Cressent Company Received Merchandise from Neptune Company

Question 10

Multiple Choice

On January 21,2019,Cressent Company received merchandise from Neptune Company.On that date,Cressent found a few of these goods to be damaged.On January 22,Cressent returned the damaged goods to the seller.Such returns will be treated as ________ by Cressent.


A) purchase returns
B) sales returns
C) purchase allowances
D) sales allowances

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