Each of the following illicit revenue transactions is correctly linked with the financial statement accounts involved except:
A. Recognizing revenues too early-Accounts Receivable, Revenue
B. Understate allowance for doubtful accounts-Bad Debt Expense, Allowance for Doubtful Accounts
C. Don't write off uncollectible receivables-Sales Returns, Sales Discounts
D. Don't record discounts given to customers-Cash, Sales Discounts, Accounts Receivable
E. Record returned goods after the end of the period-Sales Returns, Accounts Receivable.
Answer: C