Which of the following accounts would NOT be affected if a company failed to report returns of merchandise sold?
A) Sales returns
B) Sales allowances
C) Cost of goods sold
D) Inventory

Question

Quizplus · Accepted Answer

Sales allowances are typically adjustments to the selling price of goods or services after they have been sold, and do not directly relate to the physical return of merchandise.

Which of the Following Accounts Would NOT Be Affected If