Accountıng I Deneme Sınavı Sorusu #1224803
Which of the following is true about the sales returns and allowances?
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They reduce the amount of accounts receivables. |
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They occur when the goods are delivered on credit. |
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They increase the profitability of goods. |
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They result from the reduction in the catalogue price. |
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They are intended to encourage the customer to make their payment earlier. |
Yanıt Açıklaması:
Sales returns and allowances reduce the amount of accounts receivables since the customer delivers back the goods or the company waives a portion of its claim due to product defects. The correct answer is A.
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