Which of the Following Accounts Would Not Be Affected If

question 31

Multiple Choice

Which of the following accounts would not be affected if a company failed to report returns of merchandise sold?

• A) Sales returns
• B) Sales allowances
• C) Cost of goods sold
• D) Inventory

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Definitions:

Fluid Medium

A liquid substance in which other materials are dissolved or suspended, often used in scientific and medical contexts.

Sperm

Male reproductive cells or gametes involved in sexual reproduction.

Testes

Testes are the male reproductive glands that produce sperm and the hormone testosterone.

Scrotum

The pouch of skin containing the testicles in male mammals.