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
Q4: If freight shipping charges had been incorrectly
Q5: To correct a sales invoice that was
Q6: Which statement is not true about inventory
Q7: When you complete an item assembly journal
Q8: If the wrong inventory is selected in
Q10: The most recent purchase price becomes the
Q11: If HST charged had been omitted from
Q12: Regular inventory purchases and sales journal entries
Q13: Which of the following statements is true
Q14: To report on the number of units
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