What Is the Balance in the Allowance for Sales Returns

question 133

Multiple Choice

What is the balance in the allowance for sales returns account at the end of 2016?

• A)$11,000.
• B)$39,000.
• C)$43,000.
• D)$21,000.

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Definitions:

Beneficence

A principle in ethics focusing on actions that promote the well-being of others.

Nonmaleficence

A principle in medical ethics and other fields that entails not causing harm to others.

Belmont Report

A foundational document in medical and research ethics, the Belmont Report outlines ethical principles and guidelines to protect human subjects in research.

Justice

In research ethics, it refers to fairness in the distribution of benefits and burdens of research, ensuring that no group is unduly burdened or excluded from potential benefits.