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How are the following accounts used: 1 . Sales, 2 . Sales Tax Payable, 3 . Sales Returns and Allowances, 4 . Sales Discounts. What

How are the following accounts used:

1 .

Sales,

2 .

Sales Tax Payable,

3 .

Sales Returns and Allowances,

4 .

Sales Discounts. What is the normal balance in each of those accounts, debit of credit? What is an allowance? Can you give me an example of an allowance?

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