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MB7-701 · Question #90

MB7-701 Question #90: Real Exam Question with Answer & Explanation

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Question

You are registering an acquired fixed asset. You need to post the acquisition cost to the fixed asset (FA) ledger entries and the G/L entries. What steps should you take?

Options

  • ARegister the acquisition cost in an FA journal line and post the journal.
  • BRegister the acquisition cost in a G/L journal line and post the journal.
  • CRegister the acquisition cost in a purchase invoice line and post the purchase invoice.
  • DRegister the acquisition cost in a FA reclassification journal line and post the journal.

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You are registering an acquired fixed asset. You need to post the... | MB7-701 Q#90 Answer | NerdExam