Which of the following general statements is not correct -
A) you can change the selling price for individual sales by editing the price column
B) when a customer returns merchandise the HST charged on sales is debited in the sales return entry
C) enter purchase returns in the adjustments journal to show the decrease in inventory
D) freight expenses that are linked to a single inventory item may be added to the purchase price for the item
Correct Answer:
Verified
Q6: Record inventory that is recovered after a
Q7: If the wrong inventory is selected in
Q8: When a store chooses to use an
Q9: If HST charged had been omitted from
Q10: You should use the adjustments journal to
Q12: Which of the following statements is true
Q13: When you complete an item assembly journal
Q14: Why does an inventory purchase not usually
Q15: Which of the following statements about inventory
Q16: To determine how many items you have
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