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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