The discount amount for the sale of inventory items to a preferred customer appears in the journal entry as -
A) a credit to the linked sales discount revenue account
B) a debit to the linked sales discount revenue account
C) a decreased amount for the linked sales revenue account
D) an increased amount for the linked sales revenue account
Correct Answer:
Verified
Q19: If freight shipping charges had been incorrectly
Q20: Which of the following best describes inventory
Q21: Typing a letter or number of an
Q22: Which one of the following statements about
Q23: A business that provides only services -
A)can
Q25: The inventory journals may be used for
Q26: To see a complete list of selling
Q27: The Inventory module window has journal icons
Q28: When setting up a new inventory item
Q29: In the sales journal,inventory item selection lists
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