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Purchases Returns and Allowances: (Multiple Choice)

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6 years ago

Purchases Returns and Allowances: (Multiple Choice)

Purchases Returns and Allowances:
A) increase accounts payable.
B) increase net income.
C) decrease net income.
D) Not enough information provided.

Textbook

College Accounting: A Practical Approach

Edition: 13^th

Author: Slater

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