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FOB destination Sales Returns and Allowances Controlling account Accounts receivable ledger Subsidiary ledger Group of accounts representing the details of a controlling account Title or
FOB destination Sales Returns and Allowances Controlling account Accounts receivable ledger Subsidiary ledger Group of accounts representing the details of a controlling account Title or ownership changes hands when the buyer receives the goods. Account in the general ledger that summarizes the balance of accounts in a subsidiary ledger Account used to record the reduction in sales due to either the physical return of goods or defective goods Subsidiary ledger that presents the individual accounts of credit customers
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