Preparing a bank reconciliation on a quarterly basis violates the physical control principle. violates the independent internal verification principle. complies with the independent internal verification principle O complies with the documentation principle. Question 5 2 pts Crest Company uses a perpetual inventory system. On October 1, the company purchases $1,000 of goods on account with a 2% discount if payment is made within ten days. Crest returns $200 of goods on October 5. Crest pays for the goods on October 11. Crest Company's required entry on October 11 includes O $20 decrease in Inventory. O a $784 decrease in Accounts Payable. O a $16 decrease in Inventory an $800 decrease in Accounts Receivable, Question 6 2 pts Yellowstone Company's records show the following balances. Operating expenses $ 42,000 Sales returns and allowances 12,000 Sales discounts 3,000 Sales revenue 165,000 Cost of goods sold 96,000 Based on this information, what amo statement? of net sales appears on Yellowstone's multiple-step income O $162,000 + O $150,000 $165,000 $153,000