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Question 5 ok A client has a handful of inventory items that are close to the use-by date. They have decided that they will send

Question 5 ok

A client has a handful of inventory items that are close to the use-by date. They have decided that they will send these products to customers free of charge, so they can use them as samples.

Which method of adjusting the inventory should be used to ensure this is recorded against the customer?

  • Create a zero-sales receipt or invoice, and then enter a journal entry to adjust cost of goods sold and promotions.
  • Use the inventory adjustment option within products and services, and follow up with a journal entry.
  • Create a journal entry that will debit advertising or sales promotions, and credit customers.
  • Export products into a spreadsheet, and re-import them with new quantities that will overwrite current data.

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