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which of these listed is the sales allowance account? Group of answer choices Contra Revenue account representing the reduction in the amount to be paid

which of these listed is the sales allowance account? Group of answer choices

Contra Revenue account representing the reduction in the amount to be paid by a credit customer if payment on account is made within a specified period of time.

Contra Revenue account representing seller reduction of customers balance owed or provision of a partial refund because of some deficiency in the companys product or service.

Contra asset account representing the amount of accounts receivable that we do not expect to collect.

An account with a balance that is opposite, or contra, to that of its related (companion) revenue account

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