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    su16nny's Avatar
    su16nny Posts: 1, Reputation: 1
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    #1

    Nov 16, 2012, 06:42 PM
    Contra accounts on Income summary
    Where does the sales discounts account and the sales returns and allowances go on the income summary?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #2

    Nov 16, 2012, 07:53 PM
    In the trading account
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