The Sales Returns and Allowances Account Is Debited When

question 13

Multiple Choice

The Sales Returns and Allowances account is debited when:

• A)Merchandise is returned to a supplier.
• B)Merchandise is returned by a customer.
• C)Payment is made to a supplier within the discount period.
• D)An account receivable is collected within the discount period.

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Definitions:

Attitudes

A psychological tendency expressed by evaluating an entity with some degree of favor or disfavor, shaping our responses toward that entity.

Unconscious

A part of the mind that is inaccessible to the conscious mind but that affects behavior and emotions, according to Freudian psychology.

Negative

Characterized by the absence rather than the presence of distinguishing features.

Foot-In-The-Door Phenomenon

A persuasive technique involving making a small request first in order to gain eventual compliance with a larger request.