The discount from entering a line discount in the sales journal -
A) is applied immediately as a debit to the sales discount revenue account
B) is applied when the invoice is paid
C) is applied immediately to a separate linked line discount account
D) is applied immediately to reduce the amount credited to the revenue account
Correct Answer:
Verified
Q3: To add a department to an account
Q4: When you turn on the option to
Q5: To start using departmental accounting -
A)choose add
Q6: When you choose to use line discounts
Q7: When you add departments to accounts -
A)you
Q9: You can add departments to -
A)accounts
B)supplier and
Q10: You can add departments to general ledger
Q11: When you use five-digit account numbers -
A)this
Q12: When you use five-digit account numbers,asset account
Q13: Departmental information cannot be added to a
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