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timofeeve [1]
3 years ago
8

If Mariette does not want to track the quantity on hand of the products she sells, what Product/Service type should she select w

hen setting up the items she sells in QuickBooks Online?
Business
1 answer:
jenyasd209 [6]3 years ago
5 0

Answer: a. Non-inventory

Explanation:

QuickBooks online is an accounting software that helps millions of small and medium businesses.

If Mariette does not wish to track the quantity of the products she sells on hand, she should set these items up as Non-inventory items.

This designation is usually for goods that are immediately sold when purchased or were sold without even being purchased which means its for goods with really short shelf lives.

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Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

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(Being the sale of acquired share is recorded)

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4. Common Stock Dr, $250  (50 Shares × $5 par value)

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       To Treasury Stock $1,200 ($2400 - $600 - $600)

(Being retired share is recorded)

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Which of the following circumstances usually comes before a period of economic contraction?
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C
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What is one difference between a vocational school and on-the-job training?
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Which one of the following statements does NOT describe a problem with using ROE as a performance measure? A. ROE measures retur
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