Quickbooks online plus a complete course 2016

Multiple choice

MULTIPLE CHOICE LETHECOCT ANSWER IN THE SPACE PROVIDED BEFORE THE 1. Transactions may be categorized based on and_ QUESTION NUMBER. A. Location and Class B. Settings and Class C. Locations and Settings D. Any of the above 2. --report. To see the effects of the sales of products on inventory, you prepare a(n) A. Inventory Asset Account B. Sales of Product Income C. Inventory Valuation Summary D. Cost of Goods Sold Summary When a customer qualifies for an early payment discount, the discount is recorded A. In the Sales Discount register B. As a Journal entry C. On a new Invoice D. On the original Invoice 3