Risks of ownership through return of product


An alternative available when the seller is exposed to continued risks of ownership through return of the product is

Recording the sale, and accounting for returns as they occur in future periods.

Not recording a sale until all return privileges have expired.

Recording the sale, but reducing sales by an estimate of future returns.

All of the above.

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Accounting Basics: Risks of ownership through return of product
Reference No:- TGS0517964

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