The account type for Merchandise Discounts should be ________.
A) income
B) cost of goods sold
C) expense
D) asset
Correct Answer:
Verified
Q49: To display employee names by last name,
Q50: If you change the minimum quantity for
Q51: When payroll liabilities to be paid have
Q52: QuickBooks Desktop uses _to value the inventory.
A)LIFO
B)FIFO
C)the
Q53: The Item List stores information for _.
A)Purchase
Q55: Customer information may be changed by editing
Q56: A credit card sale is treated exactly
Q57: Receipt of purchase order items is never
Q58: When recording a bill, you can _so
Q59: If Include Inactive is selected, inactive accounts
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