Use the ____ Button on the FORM LAYOUT TOOLS ARRANGE

question 93

Multiple Choice

Use the ____ button on the FORM LAYOUT TOOLS ARRANGE tab to anchor santrols.

• A) Anchoring
• B) Alignment
• C) Format
• D) Padding

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Definitions:

Returned Merchandise

Items that have been sold and subsequently returned by the customer to the seller due to defects, dissatisfaction, or other reasons.

Inventory Returns Estimated

An estimate of the value of goods that are anticipated to be returned by customers, used for accounting and inventory management purposes.

Sales Refund Payable

A liability account representing the amount that a company expects to refund to customers for returned products.

Net Method

The net method is an accounting practice where purchase discounts are subtracted upfront from the cost of inventory, leading to the recording of purchases at their net cost if payment is made within a discount period.