Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

22-When you convert a purchase quote to a purchase order you can edit all of the following except - a. the unit price for the

22-When you convert a purchase quote to a purchase order you can edit all of the following except -

a. the unit price for the ordered items

b. the quote/order number

c. the shipping date

d. the quantity ordered

23-Why might GST amounts in the ledger differ from the GST report -

a. the GST ledger and GST report are always in balance

b. there is an outstanding GST account balance before the first journal entry

c. GST charged is recorded from the sales journal

d. GST paid is recorded from the total in the purchases journal

24-Enter the tracking site information for a shipper -

a. in the supplier record for the shipper

b. in the payables ledger settings window

c. in the purchases journal tracking site field

d. at any time when using the program

25-If you choose Quick Add to enter a new customer record, you cannot change -

a. the currency for the transaction

b. the name of the customer in the ledger record

c. the payment terms for the invoice

d. you can change any of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ray Garrison, Eric Noreen and Peter Brewer

14th edition

978-007811100, 78111005, 978-0078111006

Students also viewed these Accounting questions