1) Inventory is classified on the balance Sheet as a ? 2 Norfolk sporting Goods purchases Merchandise with a catalog list price of 3) The A Inventory system employing Accounting record that continovoudly disclose the amount of Inventory? 4 If the buyer is to pay the freight cost of delivering merchandise, delivery teins are stataas? 6 The debit balance in cash short and over at o the end of an accounting period is regrated as ? Sales to customers who use bank credit cards such as master card and visa, are general's treated as? 8 when goods are shipped FOB destination and the seller pays the freight charges, the buyer? 9 which one of the following reflects a weak Internal control system? 10 "to maintain public confidence and trust in the financial reporting of companies is the purpose of? Il credit memos from the bank ? 12 what is the term applied to the excess of sales e over the cost of goods sold? 13 the bank reconcilliation