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MB7-701 · Question #42

MB7-701 Question #42: Real Exam Question with Answer & Explanation

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Question

A company uses Microsoft Dynamics NAV Fixed Assets (FA) to keep track of gains and losses when selling fixed assets. A fixed asset has a value of $800. You sell the asset for $600. What steps should you take to post this transaction to the G/L entries and FA entries?

Options

  • ACreate a sales invoice on a line using the Fixed Asset type with the amount of $600, and then
  • BCreate a sales invoice on a line using the G/L Account type with the amount of $600, then
  • CCreate a sales invoice on a line using the Fixed Asset type with the amount of $600.
  • DCreate a sales invoice on a line using the Fixed Asset type with the amount of $800 dollars

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