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    Exam 17: Using Management and Accounting Information
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    Merchandise That Has Been Sold and Is Returned to the Firm
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Merchandise That Has Been Sold and Is Returned to the Firm

Question 157

Question 157

Multiple Choice

Merchandise that has been sold and is returned to the firm by the customer is called


A) a sales discount.
B) an expense.
C) a sales allowance.
D) cost of goods sold.
E) a sales return.

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