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Author Question: What type of account is Purchases Returns and Allowances? (Read 115 times)

jhjkgdfhk

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What type of account is Purchases Returns and Allowances?
◦ Contra asset
◦ Contra revenue
◦ Liability
◦ Contra cost/expense


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Marked as best answer by jhjkgdfhk on Nov 11, 2019

Loise Hard

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jhjkgdfhk

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Reply 2 on: Nov 11, 2019
YES! Correct, THANKS for helping me on my review


deja

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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