Business, 01.10.2019 02:20 crazyquestions71

If a company employs the gross method of recording accounts receivable from customers, then sales discounts taken should be reported as: a. an item of "other expense" in the income statement. b. a deduction from accounts receivable in determining the net realizable value of accounts receivable. c. sales discounts forfeited in the cost of goods sold section of the income statement. d. a deduction from sales in the income statement.

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If a company employs the gross method of recording accounts receivable from customers, then sales di...

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