Question
A company provides a sales allowance to a customer. How does this affect the company's income statement? A) the allowance is not shown on the
A company provides a sales allowance to a customer. How does this affect the company's income statement?
A) the allowance is not shown on the income statement
B) gross sales are reduced by the amount of the allowance
C) the allowance is included in operating expenses
D) the allowance is included in cost of goods sold
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Handbook Of Energy Audits
Authors: Prentice-Hall
1st Edition
0881731285, 978-0881731286
