The Discount from Entering a Line Discount in the Sales

question 6

Multiple Choice

The discount from entering a line discount in the sales journal -

• A)is applied immediately as a debit to the sales discount revenue account
• B)is applied when the invoice is paid
• C)is applied immediately to a separate linked line discount account
• D)is applied immediately to reduce the amount credited to the revenue account

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Definitions:

Rods

Visual sensory receptors found at the back of the retina, responsible for noncolor sensitivity to low levels of light.

Fovea

A small depression in the retina of the eye where visual acuity is highest.

Pupil

The black circular opening in the center of the eye's iris that regulates the amount of light that enters.

Iris

The colored part of the eye that controls the size of the pupil and the amount of light that enters the eye.