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A contra-account that records the company's returns of merchandise purchased from suppliers: a.Sales Returns and Allowances b.Purchases Returns and Allowances c.Freight-In d.Purchases Discounts

  1. A contra-account that records the company's returns of merchandise purchased from suppliers:

    a.Sales Returns and Allowances

    b.Purchases Returns and Allowances

    c.Freight-In

    d.Purchases Discounts

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