2. Why is it important to use the Sales Returns and Allowances account, rather than simply reducing...

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2. Why is it important to use the Sales Returns and Allowances account, rather than simply reducing the Sales account, when purchasers return goods?

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Financial Accounting

ISBN: 9780470128848

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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