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Author Question: Most companies use the indirect method of reporting cash from operating activities. Indicate ... (Read 33 times)

wenmo

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on: Jul 5, 2018
Most companies use the indirect method of reporting cash from operating activities.
 
  Indicate whether the statement is true or false

Question 2

Merchandise returned by the customer for a refund is called a
 a. sales return.
   b. sales allowance.
   c. credit memo.
   d. debit memo.


vickyvicksss

  • Sr. Member
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Reply #1 on: Jul 5, 2018
Answer to Question 1

TRUE

Answer to Question 2

a


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