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On March 18 James Smith purchased 3000 of m etros Home Furnishings count. The cost of the goods was 51.0000 On March 20 Home Furnis

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On March 18 James Smith purchased 3000 of m etros Home Furnishings count. The cost of the goods was 51.0000 On March 20 Home Furnis granted the customers 5400 00 sales alowance for goods damaged in Which of the following represents the correct way to record this transaction? Round Payable Estimated Returns inventory OD SR oc Sales Returns and allowances The goal of reporting realistic figures and never overstating assets or net income applies to the O A. materiality concept O B. consistency principle O C. disclosure principle OD. conservatism principle

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