Generally, ending inventory is required to be recorded under perpetual inventory system. O True O False If Gross sales is 40,000, sales return and allowances is 1,000, sales discount is 400 and...

Generally, ending inventory is required to<br>be recorded under perpetual inventory<br>system.<br>O True<br>O False<br>If Gross sales is 40,000, sales return and<br>allowances is 1,000, sales discount is 400<br>and freight out is 100, the net sales of the<br>business will total *<br>O 38,500<br>38,600<br>40,000<br>O 39,000<br>

Extracted text: Generally, ending inventory is required to be recorded under perpetual inventory system. O True O False If Gross sales is 40,000, sales return and allowances is 1,000, sales discount is 400 and freight out is 100, the net sales of the business will total * O 38,500 38,600 40,000 O 39,000

Jun 10, 2022

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Generally, ending inventory is required to be recorded under perpetual inventory system. O True O False If Gross sales is 40,000, sales return and allowances is 1,000, sales discount is 400 and...

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