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Discuss the sales returns amp allowance accountswhere does

Sales Returns and Allowance

• Discuss the Sales Returns & Allowance Accounts.
• Where does this account fit under the accounting equation?
• What is the normal balance (debit or credit).
• How can this be useful for financial analysis? Must be 150 words or more.

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Finance Basics: Discuss the sales returns amp allowance accountswhere does

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