Multiple Choice
The discount amount for the sale of inventory items to a preferred customer appears in the journal entry as -
A) a credit to the linked sales discount revenue account
B) a debit to the linked sales discount revenue account
C) a decreased amount for the linked sales revenue account
D) an increased amount for the linked sales revenue account
Correct Answer:

Verified
Correct Answer:
Verified
Q24: Record inventory that is recovered after a
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
Q30: To cancel the interest on an overdue
Q31: When you see the message that a
Q32: Which of the following statements about inventory
Q33: You should store item assembly journal transactions
Q34: Which of the following general statements is