What Is the Difference Between a Sales Return and a Sales

question 132

Multiple Choice

What is the difference between a sales return and a sales allowance?

• A)A sales return reduces the amount receivable from the customer, but an allowance does not.
• B)A sales return involves an adjustment to Inventory, but a sales allowance does not.
• C)A sales return requires a debit to Sales returns and allowances, but a sales allowance does not.
• D)A sales allowance is deducted from Sales revenue to calculate net sales, but a sales return is not.

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Definitions:

Social Media Posts

Content created and shared on social media platforms to engage users, build communities, or promote products or services.

Engagement Analytics

The measurement and analysis of user interactions and engagement with a website or application to improve performance and user experience.

Employee Advocacy

Promotion of an organization by its employees.

Health-Care Organizations

Institutions that provide medical services, health care advice, or health care training, including hospitals, clinics, and research facilities.