Regular Inventory Purchases and Sales Journal Entries Have What in Common

question 15

Multiple Choice

Regular inventory purchases and sales journal entries have what in common -

• A)both consist entirely of linked accounts
• B)the price field in both entries is the same
• C)you can edit the account field in both entries
• D)the entries have nothing in common

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Definitions:

Andes

A vast mountain range stretching along the western edge of South America, the longest continental mountain range in the world.

Political Centralization

The concentration of political power and authority in a central government, often at the expense of regional or local governance.

Notion Of Progress

The idea that societal, technological, or ideological advancement is possible and desirable, leading to an improved condition.