The sales account is debited for the selling price of merchandise sold during the period. (Points : 3)
Question
Updated 12/29/2014 10:38:43 PM
Confirmed by jeifunk [12/29/2014 10:38:41 PM], Edited by jeifunk [12/29/2014 10:38:43 PM]
Original conversation
User: The sales account is debited for the selling price of merchandise sold during the period. (Points : 3)

Weegy: False. The sales account is a revenue account and is credited for the selling price of merchandise sold during the period.
debnjerry|Points 65920|

User: A common approach to keeping a record of each customer's account receivable is to use a subsidiary accounts receivable ledger. (Points : 3)

Weegy: A common approach to keeping a record of each customer's account receivable is to use a subsidiary accounts receivable ledger. True. ]
emdjay23|Points 22017|

User: Special discounts from list prices, granted by manufacturers to different classes of customers, are known as (Points : 3)

Question
Updated 12/29/2014 10:38:43 PM
Confirmed by jeifunk [12/29/2014 10:38:41 PM], Edited by jeifunk [12/29/2014 10:38:43 PM]
Rating

Questions asked by the same visitor
what is 6% sales tax on 2000
Weegy: 6% sales tax on 2000 is 2000*0.06=120 (More)
Question
Updated 1/1/2015 6:31:32 PM
ax-2a+3x-6
Question
Updated 1/19/2015 1:05:32 AM
ax - 2a + 3x - 6
= a(x - 2) + 3(x - 2)
= (x - 2)(a + 3)
Confirmed by Andrew. [1/19/2015 1:22:55 AM]
Write 300,730,000 in scientific notation
Question
Updated 146 days ago|12/28/2018 6:39:46 PM
300,730,000 written in scientific notation is 3.0073 x 10^8
Confirmed by sujaysen [1/2/2015 1:43:20 PM], Rated good by sujaysen
300,730,000 in scientific notation is: "3.0073 x 10^8"

Added 146 days ago|12/28/2018 6:39:46 PM
Confirmed by Masamune [12/29/2018 5:33:51 PM], Masamune [12/29/2018 5:33:51 PM]
29,980,965
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