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Which of the following statements about sales discounts is not true? a. Sales discounts reduce the sales tax. b. Sales discounts are recorded to a

Which of the following statements about sales discounts is not true?

a. Sales discounts reduce the sales tax.

b. Sales discounts are recorded to a contra-revenue account.

c. Sales discounts can help a company collect its receivables promptly.

d. Sales discounts have no effect on sales tax.

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