The Sales Discounts account is a contra account to the ________ account

A) Purchases
B) Sales Revenue
C) Merchandise Inventory
D) Sales Returns and Allowances

B

Business

You might also like to view...

Which one thing do you always have with common stock?

A) Dividends B) Voting rights C) Capital appreciation D) A guarantee of at least par value

Business

Which of the following is true of patents?

A) provides effective protection against software piracy B) makes it illegal to copy software and use it without the software vendor's permission C) gives the creator the exclusive right to the manufacture and uses what has been patented for a limited period of time D) all of the above

Business