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Question 18 5 pts A company records a sales return on an item from a customer who purchased the item on account. Indicate how this
Question 18 5 pts A company records a sales return on an item from a customer who purchased the item on account. Indicate how this transaction would impact the following sections on the financial statements: Assets Llabilities Owners' Equity Revenues Expenses A Decrease No effect Decrease Decrease No effect B. Decrease No effect Increase Increase Decrease . Increase Increase Increase Increase No effect D. No effect No effect No effect No effect No effect Answer A Answer B Answer C Answer D None of the answers are correct
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