What is the normal balance of the following accounts: (a) Cost of Merchandise Sold, (b) Customer Refunds

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What is the normal balance of the following accounts:
(a) Cost of Merchandise Sold,
(b) Customer Refunds Payable,
(c) Delivery Expense,
(d) Estimated Returns Inventory,
(e) Merchandise Inventory,
(f) Sales,
(g) Sales Tax Payable.

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Corporate Financial Accounting

ISBN: 9781337398169

15th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: Dec 22, 2016 10:01 AM

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What is the normal balance of the following accounts: (a) Cost of Merchandise Sold, (b) Customer Refunds

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