Answered: purchase discount is relevant into the…

purchase discount is relevant into the followings cycles: a. payroll and personnel O b. sales and collection O c. capital acquisition and payments d. acquisition and payments

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 1MC: Which of the following is an example of a contra revenue account? A. sales B. merchandise inventory...

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purchase discount is relevant into the followings
cycles:
O a. payroll and personnel
O b. sales and collection
O c. capital acquisition and payments
O d. acquisition and payments

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