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Author Question: Sales are equal to the cost of merchandise sold less the gross profit. a. True b. False ... (Read 76 times)

V@ndy87

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on: Jul 5, 2018
Sales are equal to the cost of merchandise sold less the gross profit.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

The IRS developed GAAP, or generally accepted accounting principles, for the accounting profession.
 
  Indicate whether the statement is true or false


briseldagonzales

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Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

FALSE


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