Which account type allows Revalue Open Balance for Foreign Currency Transactions?

A company is using the Multiple Currencies feature.

Which account type allows Revalue Open Balance for Foreign Currency Transactions?
A . Cost of Goods Sold
B . Income
C . Expense
D . Other Current Asset

View Answer

Answer: B

Explanation:

Reference: https://www.morganfranklin.com/insights/company-insight/utilizing-netsuites-multicurrency-features/