Which of the Following Accounts Is a Contra Account to Sales

question 8

Multiple Choice

Which of the following accounts is a contra account to Sales?

• A) Accounts Payable
• B) Sales Returns and Allowances
• C) Accounts Receivable
• D) Interest Revenue

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Definitions:

Metabolism

The set of life-sustaining chemical reactions in organisms that enables them to convert food into energy, maintain their structures, and respond to their environments.

Substitution Of Function

A principle where a new means is adopted to achieve the same goal when the usual method is unavailable.

Language Abilities

The capacity to understand, produce, and use complex systems of communication, particularly the human ability to do so.

Right Hemisphere

The half of the brain that controls the left side of the body, specialized in spatial abilities, face recognition, and processing music and art.