Multiple Choice
Why does an inventory purchase not usually include a RST/PST amount -
A) the RST/PST default has not been set up
B) the RST/PST amount was missed and not entered
C) the merchandise is for resale and therefore RST/PST exempt
D) only the GST is required on business purchases
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Which of the following statements is true
Q15: When setting up a new inventory item
Q16: When you see the message that a
Q17: You should use the adjustments journal to
Q18: Which of the following statements about inventory
Q20: Transactions entered in the inventory journals will
Q21: Which one of the following statements about
Q22: You should store item assembly journal transactions
Q23: The most recent purchase price becomes the
Q24: Record inventory that is recovered after a