Question

UULELLUUIlls a merchandising company. nowledge Check ect the best answer for each question. Question 2 of 3 Which of the following statement is correct regarding the closing process of a merchandiser? O Both the Sales Discounts and the Sales Returns and Allowances accounts are credited during the closing process. O Both the Sales Discounts and the Sales Returns and Allowances accounts are not closed. O Both the Sales Discounts and the Sales Returns and Allowances accounts are closed to net sales during the closing process. O Both the Sales Discounts and the Sales Returns and Allowances accounts are closed to sales during the closing process.

 



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *