To cancel the interest on an overdue invoice amount after creating a sales invoice for it, you should -
A) open the adjust an invoice screen, click the Delete key and then choose the invoice for the interest charge
B) create a new invoice for a negative amount to offset the interest amount
C) reverse the invoice you created for the interest charge
D) either a or c above
Correct Answer:
Verified
Q16: Which of the following best describes inventory
Q17: When a store chooses to use an
Q18: Record inventory that is recovered after a
Q19: When you combine a sales return and
Q20: How would you enter a purchase return
Q22: The inventory journals may be used for
Q23: When you reverse a pay later invoice
Q24: Typing a letter or number of an
Q25: Which one of the following statements about
Q26: Which of the following best describes the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents