A Sales Discount Does Not

question 144

Multiple Choice

A sales discount does not

• A) provide the purchaser with a cash saving.
• B) reduce the amount of cash received from a credit sale.
• C) increase a contra-revenue account.
• D) increase an operating expense account.

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Definitions:

Attorney

A professional who is qualified to offer advice about the law or represent someone in legal matters.

Digital Divide

The divide between individuals with access to the latest information and communication technology and those without.

Smart Devices

Electronic gadgets that are interconnected via various networks, capable of operating to some extent interactively and autonomously.

Digital Inclusion

Efforts and policies aimed at ensuring all individuals have equal access to technology and the ability to use it effectively.