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If a customer agrees to retain merchandise that is defective because the seller is willing to reduce the selling price, this transaction is known as
If a customer agrees to retain merchandise that is defective because the seller is willing to reduce the selling price, this transaction is known as a sales
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contra asset.
allowance.
discount.
return.
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
