Purchases Returns and Allowances

question 111

Multiple Choice

Purchases Returns and Allowances:

• A)decrease net income.
• B)increase net income.
• C)increase accounts payable.
• D)Not enough information provided.

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Definitions:

Artifacts

Objects made or used by humans, often considered in the context of archaeology as items of cultural or historical significance.

Nominal-Kinds

Categories based on names or labels rather than on inherent or natural distinctions.

Natural-Kinds

Categories of objects and entities in the world that are thought to reflect a natural order, often discussed in philosophy and cognitive science.

Social-Kinds

Categories into which social entities are divided into based on shared Characteristics or attributes, often used in discussions of social taxonomy and identity.