question 7 (mandatory) (2 points) listen merchandising companies must account for: sales. sales discounts…

question 7 (mandatory) (2 points) listen merchandising companies must account for: sales. sales discounts. sales returns and allowances. cost of merchandise sold. all of the above. question 8 (mandatory) (2 points)
Answer
Brief Explanations:
Merchandising companies need to record sales revenue, any discounts given on sales, returns and allowances from customers, and the cost of goods sold to accurately reflect financial performance.
Answer:
All of the above.