Net sales is sales revenue less a sales discounts b

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16.Net sales is sales revenue lessA)sales discounts.B)sales returns.C)sales returns and allowances.D)sales discounts and sales returns and allowances.
17.Postings are made daily to subsidiary ledgers so that
18.If a transaction cannot be recorded in a special journal
19.Entries in a sales journal are
20.A company uses a sales journal, cash receipts journal, purchases journal, cash payments journal, and a general journal. A cash sales return would be recorded in theA)sales journal.B)cash receipts journal.C)cash payments journal.D)general journal.
21.Debit postings to the individual accounts in an accounts receivable subsidiary ledger generally come from the
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22.The balance of a control account in the general ledger
23.Which of the following would notbe an appropriate heading for a column in the cash receipts journal?

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