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Percentage of sales method is based on the following: Group of answer choices Sales have no effect on assets or liabilities. When sales increase assets
Percentage of sales method is based on the following: Group of answer choices Sales have no effect on assets or liabilities. When sales increase assets will increase while loiabilities will decrease. Assets and Liabilities historically do not vary with sales. Assets and Liabilities historically vary with sales
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Financial accounting
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
8th Edition
9780135114933, 136108865, 978-0136108863
