Ledger records for inventory items and services differ as to -
A)the requirement to enter linked expense accounts
B)the requirement to enter linked revenue accounts
C)the requirement to enter linked asset accounts
D)items and services require the same linked accounts

Question

Quizplus · Accepted Answer

The requirement to enter linked asset accounts differs between ledger records for inventory items and services. Inventory items require linked asset accounts to track their cost, while services do not.

Ledger Records for Inventory Items and Services Differ as to -