47 Which of the following accounts has a normal credit balance? a. Sales Discounts O b. Sales Revenue O c. Sales Returns and Allowances O d. Selling Expense 48 The sales revenue section of an income...


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47<br>Which of the following accounts has a normal credit balance?<br>a. Sales Discounts<br>O b. Sales Revenue<br>O c. Sales Returns and Allowances<br>O d. Selling Expense<br>48<br>The sales revenue section of an income statement for a retailer would not include<br>O a. Cost of goods sold.<br>O b. Sales.<br>O c. Sales discounts<br>O d. Net sales<br>

Extracted text: 47 Which of the following accounts has a normal credit balance? a. Sales Discounts O b. Sales Revenue O c. Sales Returns and Allowances O d. Selling Expense 48 The sales revenue section of an income statement for a retailer would not include O a. Cost of goods sold. O b. Sales. O c. Sales discounts O d. Net sales

Jun 02, 2022
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