Multiple Choice
When you combine a sales return and new sale in a single journal entry -
A) the sales return is recorded by entering a negative sign for the quantity
B) the sale is recorded by entering a positive quantity
C) the total field for the invoice will net out the sale and return
D) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q11: In the sales journal,inventory item selection lists
Q12: To report on the number of units
Q13: When setting up a new inventory item
Q14: Which of the following best describes inventory
Q15: Regular inventory purchases and sales journal entries
Q17: Which of the following statements is true
Q18: Transactions entered in the inventory journals will
Q19: To determine how many items you have
Q20: The Inventory module window has journal icons
Q21: If HST charged had been omitted from