Which of the Following Accounts Would NOT Be Affected If

question 9

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:

Direction

The course along which someone or something moves, or is aimed or pointed.

Positive

Characterized by or denoting an affirmation, addition, or increase, often associated with beneficial outcomes.

Cold Drinks

Beverages that are served chilled, commonly refreshing and enjoyed in hot conditions.

Temperature

A physical quantity that expresses the subjective perceptions of hot and cold, measured by a thermometer in units like Celsius, Fahrenheit, or Kelvin.