Multiple Choice
Which of the following statements about inventory is not correct -
A) you can change the default price when you purchase inventory
B) you can change the default price when you sell inventory
C) you can change the default asset account when you purchase inventory
D) you can change the default revenue account when you sell inventory
Correct Answer:
Verified
Correct Answer:
Verified
Q25: Which of the following best describes the
Q26: To see a complete list of selling
Q27: When you reverse a pay later invoice
Q28: When you complete an item assembly journal
Q29: The discount amount for the sale of
Q30: To cancel the interest on an overdue
Q31: When you see the message that a
Q33: You should store item assembly journal transactions
Q34: Which of the following general statements is
Q35: Why does an inventory purchase not usually