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Which of the following statements is correct? Question content area bottom Part 1 A . Sales returns and allowances increase a company's profit. B .

Which of the following statements is correct?
Question content area bottom
Part 1
A.
Sales returns and allowances increase a company's profit.
B.
The performance obligation in a sale of products is generally satisfied when the customer orders the products.
C.
A company must accrue for estimated future returns at the end of the period in which the related sales revenue is recognized.
D.
If a customer returns a product, sales revenue will be credited.

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