74.Assuming the company uses the earnings approach for revenue recognition, when recording a return of a credit sale in a perpetual inventory system, and the merchandise returned is in saleable condition, all of the following accounts are affected except

		Sales Returns and Allowances.
		Accounts Receivable.
		Merchandise Inventory.
		Cash.

1.

Electronic funds transfers are used to

		reduce the risk of lost or stolen cheques.
		reduce the cost of making payments by cheque.
		make payroll payments to employees.
		all of the above