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Author Question: How are sales reported on the income statement? a. Sales are shown for three years net of returns ... (Read 88 times)

Kthamas

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on: Jul 6, 2018
How are sales reported on the income statement?
 
  a. Sales are shown for three years net of returns and allowances.
  b. Sales amounts are inflation-adjusted.
  c. Sales are shown for two years and are reported in nominal terms.
  d. Sales are shown at gross amounts, adjusted for inflation.

Question 2

On a bank statement, an NSF check is usually listed as a debit memorandum.
 a. True
   b. False
   Indicate whether the statement is true or false


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bubulittle310@msn.cn

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Reply #1 on: Jul 6, 2018
Answer to Question 1

a

Answer to Question 2

True


Kthamas

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Reply 2 on: Jul 6, 2018
:D TYSM

elyse44

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Reply 3 on: Yesterday
Excellent

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