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1. What is the purpose of sales and the significance of sales returns on the accounting process? 2. Recall a time when you may have
1. What is the purpose of sales and the significance of sales returns on the accounting process?
2. Recall a time when you may have purchased a product or service and then asked for a refund or return.
3. Describe what sales discount terms like 2/10 N30 mean? Why would companies offer clients or customers discounts to pay early? What would the benefit be?
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