In a merchandising operation, the sales revenue account is credited by the merchandiser when: a. the merchandise inventory is purchased by the merchandiser b. the merchandise inventory is ordered by the merchandiser c. the merchandise inventory is sold by the merchandiser in either cash or on account d. the merchandise inventory is returned by the customer to the merchandiser
Added by Lisa P.
Step 1
When the merchandise inventory is purchased by the merchandiser, the merchandiser is not generating sales revenue, so this option is incorrect. b. When the merchandise inventory is ordered by the merchandiser, the merchandiser is not generating sales revenue, so Show more…
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