For each of the following accounts used by a retail business, determine its classification: asset, contra-asset, liability, revenue, contra-revenue, or expense. Asset Contra-Asset Liability Revenue...


For each of the following accounts used by a retail business, determine its classification: asset, contra-asset, liability, revenue, contra-revenue, or expense.






















































AssetContra-AssetLiabilityRevenueContra-RevenueExpense
Merchandise Inventory









































Accumulated Depreciation









































Sales Returns and Allowances
























































Jun 09, 2022
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