Which term is applied to the excess of revenue from sales over the cost of merchandise sold? a.net income b.gross sales c.income from operations d.gross profit the inventory system employing...




Which term is applied to the excess of revenue from sales over the cost of merchandise sold?





a.net income

b.gross sales

c.income from operations

d.gross profit






the inventory system employing accounting records that continuously disclose the amount of inventory is called





a.retail

b.periodic

c.physical

d.perpetual





Jun 02, 2022
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