The Account Used to Record the Reduction Given to Customers

question 14

Multiple Choice

The account used to record the reduction given to customers for prompt payments.

• A) Purchases Discount
• B) Purchases Returns & Allowances
• C) Sales Discounts
• D) Sales Returns and Allowances

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Definitions:

Role Playing

A method or technique used in therapy, training, or studies, where people simulate behaviors, functions, or roles in structured scenarios to gain insights or skills.

Therapists

Professionals trained to help people understand and manage their mental health or emotional issues through various forms of therapy.

Biological Parents

The individuals from whom a child inherits their genetic traits, typically referred to as the child's natural or birth parents.

Adopted Parents

Individuals who legally assume the role of parent for a child who is not their biological offspring, establishing a permanent parent-child relationship.