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  3. Study Set
    College Accounting A Career Approach
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    Exam 9: Sales and Purchases
  5. Question
    Zoey Products Bought Goods from Lily Company
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Zoey Products Bought Goods from Lily Company

Question 2

Question 2

Multiple Choice

Zoey Products bought goods from Lily Company. The next day, Zoey Products returned the goods because they had a defect. Zoey Products would record this:


A) as a debit memorandum.
B) as a sales memorandum.
C) as a purchase discount.
D) as a purchase return.
E) as an abnormal sale.

Correct Answer:

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