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23 June, 03:01

Which account is an example of a contra-revenue account?

A) purchase discount

B) purchases

C) sales discount

D) sales

E) sales returns

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Answers (1)
  1. 23 June, 03:14
    0
    A contra revenue account might be described as a revenue account that is expected to have a debit balance instead of the usual credit balance

    So the answer is sales discount
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