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Under the Perpetual Inventory System,the Adjusting Journal Entries to Record

question 181

Multiple Choice

Under the perpetual inventory system,the adjusting journal entries to record estimated sales returns (the original sales were on account) would be:


Definitions:

Reflexiveness

The ability to analyze one's own behaviors, thoughts, and emotions critically and consider how they affect others.

Responsiveness

Tendency to be sensitive to the needs of others, including being sympathetic to others’ feelings and placing the feelings of others above one’s own feelings.

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