Multiple Choice
When you turn on the option to use line discounts -
A) you must enter the discount rate at the same time so that it will automatically appear in the journal
B) the line discount rate feature is available in the sales journal
C) the same line discount rate (percentage) is applied to all invoice lines in the sale as soon as you enter it on one line
D) the early payment discount rate is updated to include the additional line discount
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which of the following statements is correct
Q2: When you use five-digit account numbers -<br>A)this
Q3: The Balance Sheet for a single department
Q5: Departmental information cannot be added to a
Q6: The discount from entering a line discount
Q7: When you choose to use line discounts
Q8: If the line discount columns are missing
Q9: To add a department to an account
Q10: If you add departments to an account
Q11: To start using departmental accounting -<br>A)choose add