Adding the discount terms 2/10,n/30 to a sales invoice for $1 000 will -
A) change the accounts receivable amount to $980
B) change the cash in bank amount to $980
C) credit $20 to accounts receivable and debit $980 when the account is paid
D) not change the amounts in the journal entry for the sales invoice
Correct Answer:
Verified
Q33: The Statement of Cash Flows shows -
A)how
Q34: In the Receivables module window,you can add
Q35: To reverse a sales invoice for selecting
Q36: You can customize the sales journal by
Q37: Choosing to show corrections in the journal
Q38: Which one of the following general statements
Q39: Discounts for early payments are offered to
Q41: To insert an extra invoice line before
Q42: To remove a line from the invoice
Q43: To find an invoice you need to
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