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Estimated Inventory Returns is an example of a(n) A. asset account used...

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Accounting

Estimated Inventory Returns is an example of a(n)

A. asset account used to account for the cost of goods a company expects to be returned.
B. expense account used to account for charges associated with returns.
C. contra-revenue account used to account for the cost of goods associated with a sale.
D. liability account used to account for changes in the amounts of expected refunds.

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