Customer deposits (prepayments) are entered as -
A) positive amounts in the sales journal
B) positive amounts in the receipts journal
C) negative amounts in the receipts journal
D) none of the above
Correct Answer:
Verified
Q13: If you accidentally posted an invoice to
Q14: To remove a recurring transaction -
A) recall
Q15: The purchase order and the purchase invoice
Q16: Customer deposits and prepayments to suppliers are
Q17: When you enter additional information in a
Q19: The receipts journal is used for all
Q20: Which of the following statements is true
Q21: When a regular account customer makes a
Q22: You can post directly from the daily
Q23: When using quotes and orders, Sage 50
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