The Sales Discounts Account Is an Expense Account

question 1

True/False

The Sales Discounts account is an expense account.Sales Discounts is a contra revenue account.

---

Definitions:

Proteins

Large biomolecules and macromolecules composed of one or more long chains of amino acid residues, crucial for the structure, function, and regulation of the body's cells, tissues, and organs.

Genetic Code

The set of rules used by living cells to translate information encoded within genetic material into proteins.

Our Parents

The primary caregivers or guardians responsible for raising and nurturing an individual from childhood.

Human Genome Project

A collaborative international research effort aimed at mapping all the genes of the human species and understanding their functions.