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plz need answers in 15 min if any one can help Any new account can't be created if it's not there in the chart of

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plz need answers in 15 min if any one can help

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Any new account can't be created if it's not there in the chart of accounts 2 points list. True False 2 points Business and owner would be considered as one entity while preparing accounting records. False True Purchases are the goods purchased for re-sale Only * 2 points True False To add HST while recording transactions is an option in Sage50 * 2 points False True A new inventory item should not be linked to a specific inventory COGS and Revenue 2 points True False Accrual concept is not applicable in Sage 50 * 2 points True False

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