Rockland Shoe Company records sales returns and allowances as contra-revenues and sales discounts and credit card discounts
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Rockland Shoe Company records sales returns and allowances as contra-revenues and sales discounts and credit card discounts as selling expenses. Complete the following tabulation, indicating the effect
(+ for increase, - for decrease, and NE for no effect) of each transaction. Do not record related cost of goods sold.LO1
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