The account, Sales Returns and Allowances, is classified as what type of The account, Sales Returns and Allowances, is classified as what type of account? Select one: O a. Contra account to Inventory O b. Expense O c. Contra account to sales revenue O d. Liability When the seller pays freight outward the correct classification in the ... Select one: a. Cost of sales O b. Administrative c. Selling O d. Financial Under the periodic inventory system inventory purchased is debited to which ... Under the periodic inventory system inventory purchased is debited to which account? Select one: O a. Cost of sales b. Prepaid expenses c. Purchases d. Inventory