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Which of the following does not relate to either of the two adjusting entries for customer refunds, allowances, and returns? a . One entry records
Which of the following does not relate to either of the two adjusting entries for customer refunds, allowances, and returns?
a One entry records the sales of goods to customers.
b One entry creates a customer refund liability account.
c One entry creates an estimated returns inventory account.
d One entry reduces the sales account.
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