Why is it advisable for a company to maintain a Sales Returns and Allowances account when the

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Why is it advisable for a company to maintain a Sales Returns and Allowances account when the same result could be obtained by debiting each return or allowance to the Sales account?

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Financial Accounting A Global Approach

ISBN: 9780395839867

1st Edition

Authors: Sidney J. Gray, Belverd E. Needles

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Question Posted: Jun 14, 2024 01:35 AM

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Why is it advisable to maintain a Sales Returns and Allowances account when the same result could be obtained by debiting each return or allowance to the Sales account? Q-9
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Why is it advisable for a company to maintain a Sales Returns and Allowances account when the

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Financial Accounting A Global Approach

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