Accountıng I Deneme Sınavı Sorusu #1185793

If the sales agreement includes cash discount, the amount of discount is deducted from the “.........................” account.

Which of the following should be brought to the space left above?


Cost Of The Gold Sold

Sales Revenue

Merchandise Inventory

Accounts Payable

Account Payable


Yanıt Açıklaması:

The correct answer is C. Merchandise inventory account decreases as a result of sales discount.

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