The normal balance of the Sales Returns and Allowances account is: O A. zero. O B. a debit O c. a credit. OD. It does not have a normal balance. NA Merchandise is: O A. the same as inventory. OB. an asset O c. the same as supplies. OD. Both A and B are correct. The contra-revenue accounts include: O A. Sales Tax Payable. OB. Sales Returns and Allowances. OC. Sales Discount O D. Both B and C are correct. Santa Materials sold goods for $3,200 plus 5% sales tax to a charge customer, terms n/30. Which entry is required to record this transaction? O A. Debit Accounts Receivable $3,200, credit Sales $3,200. OB. Debit Cash $3,200; credit Sales $3,200. OC. Debit Accounts Receivable $3,300, credit Salos $3,360 OD. Debit Accounts Receivable $3,360; credit Sales Tax Payable 5160, credit Salos $3,200