Most companies use the indirect method of reporting cash from operating activities. Indicate ...

Author Question: Most companies use the indirect method of reporting cash from operating activities. Indicate ... (Read 92 times)

wenmo

Hero Member
Posts: 540

on: Jul 5, 2018

Most companies use the indirect method of reporting cash from operating activities.

Indicate whether the statement is true or false

Question 2

Merchandise returned by the customer for a refund is called a
a. sales return.
b. sales allowance.
c. credit memo.
d. debit memo.

vickyvicksss

Sr. Member
Posts: 351

Reply #1 on: Jul 5, 2018

Answer to Question 1

TRUE

Answer to Question 2

a

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