If a company returns an item to a supplier, the supplier will record the return as: shrinkage. O a sales discount. a purchase return. a sales return.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 14
If a company returns an item to a supplier, the supplier will record the return as:
O shrinkage.
O a sales discount.
O a purchase return.
O a sales return.
A Moving to another question will save this response.
Transcribed Image Text:Multiple Attemnpts Not allowed. This test be taken Force Completion This test can be saved and resumed at any point until time has expired. The timer will continue to rum Your answers are saved automatically. Remaining Time: 1 hour, 23 minutes, 40 seconds. * Question Completion Status: A Moving to another question will save this response. Question 14 If a company returns an item to a supplier, the supplier will record the return as: O shrinkage. O a sales discount. O a purchase return. O a sales return. A Moving to another question will save this response.
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