True or False FE11 An increase in Purchases Discounts is made by debiting the account  FE12 Net sales and gross sales are the same -  FE13 Sales Discounts is a revenue account with a debit balance - FE14 Sales Returns and Allowances increase with a debit -  FE15 F.O.B. shipping point means that the seller of the goods is responsible for covering the shipping costs -

Needed for the Correct answer

Don't give answer in image format

q(12+16)This multible choice question from ACCOUNTING PRINCIPLES I.just write for me the final answer.

Please answer

Use the following sales journal to record the transactions. All credit sales are terms of n/30. (If a box is not used in the journal leave the box empty; do not select information or enter a zero.) A (Click the icon to view the transactions.) Sales Journal Page Invoice Customer Post. Accounts Receivable DR Cost of Goods Sold DR Date No. Account Debited Ref. Sales Revenue CR Merchandise Inventory CR 2024 Jun. More Info Jun. 1 Sold merchandise inventory on account to Fred Jig, $1,270. Cost of goods, $1,000. Invoice no. 101. Jun. 8 Sold merchandise inventory on account to lan Frog, $2,225. Cost of goods, $1,580. Invoice no. 102. Jun. 13 Sold merchandise inventory on account to Jillian Trump, $380. Cost of goods, $300. Invoice no. 103. Jun. 28 Sold merchandise inventory on account to Glen Whitney, $900. Cost of goods, $610. Invoice no. 104. Print Done