The listing or report generated from sales which includes the customer name, date, sales, and GST amount, and whether the sale was for cash or accounts receivable, for all sales in a period is the:
A) remittance advice.
B) sales journal or listing.
C) accounts receivable master file.
D) monthly statement.

Question

Quizplus · Accepted Answer

The sales journal or listing is a document that records all sales made during a specific period, along with the customer name, date, sales amount, and GST amount, as well as whether the sale was for cash or accounts receivable. This document is used to track sales transactions and provides valuable information for accounting and financial reporting purposes. The other options (remittance advice, accounts receivable master file, and monthly statement) are not specific to sales transactions and do not provide the same level of detail as the sales journal or listing.

The Listing or Report Generated from Sales Which Includes the Customer