Microsoft
MB7-701 · Question #42
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…
The correct answer is C. Create a sales invoice on a line using the Fixed Asset type with the amount of $600. See the full explanation below for the reasoning.
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
How the community answered
(62 responses)- A3% (2)
- B8% (5)
- C76% (47)
- D13% (8)
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