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

Which of the following statements about sales discounts is not true? a. Sales discounts are recorded to a contra-revenue account. b. Sales discounts reduce the sales tax. c. Sales discounts can help a company collect its receivables promptly. d. Sales discounts have no effect on sales tax.

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