49 If a customer agrees to retain merchandise that is defective because the seller is willing to reduce the selling price, this transaction is known as a sale: a. Discount. O b. Allowance O C. Return....


Q49)
This multible choice question from ACCOUNTING PRINCIPLES I.
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49<br>If a customer agrees to retain merchandise that is defective because the seller is willing<br>to reduce the selling price, this transaction is known as a sale:<br>a. Discount.<br>O b. Allowance<br>O C. Return.<br>O d. Contra asset<br>

Extracted text: 49 If a customer agrees to retain merchandise that is defective because the seller is willing to reduce the selling price, this transaction is known as a sale: a. Discount. O b. Allowance O C. Return. O d. Contra asset

Jun 02, 2022
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