What is the accounting impact in the sales and customer service process of routine transactions, non-routine transactions and accounting estimates?

Question

Quizplus · Accepted Answer

The Answer is a. Routine transactions affect sales and revenue, cash receipts, sales returns, costs of goods sold, sales related expenses, advertising and marketing costs
b. Non-routine transactions impact bad debt write-offs, price adjustments and promotions, valuation of returned inventory, and vendor allowances or rebates.
c. Accounting estimates in the sales and customer service process include bad debt expense, and warranty claims.

What Is the Accounting Impact in the Sales and Customer