The Sales Returns Account Is Classified as A(n)

question 13

Multiple Choice

The Sales returns account is classified as a(n) :

• A)Asset account.
• B)Contra-asset account.
• C)Expense account.
• D)Contra-revenue account.

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Definitions:

Leading

The act of guiding, directing, and motivating individuals or teams to achieve organizational goals.

Building Relationships

The process of developing and maintaining connections with others, which is crucial in both personal and professional contexts.

Reciprocity

The practice of exchanging things with others for mutual benefit, especially in terms of social or economic transactions.

Organizational Strategy

A plan of action designed to achieve a long-term or overall aim within an organization.