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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
Under the perpetual inventory system, Sales Returns cause:
A) an increase in Cost of Goods Sold.
B) an increase in Revenue.
C) a decrease in Cost of Goods Sold.
D) no effect on cost of goods sold.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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tivo Author
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#2
7 years ago
Luckily this is the last business course I'll be taking. Thank you greatly
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