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
Q1: The No.field in the receipts journal is
Q2: When you enter additional information in a
Q4: To convert a sales quote to a
Q5: When you pay a purchase invoice after
Q6: To convert a purchase quote to a
Q7: If you accidentally posted an invoice to
Q8: Which one of the following general statements
Q9: The receipts journal is used for all
Q10: Customer deposits (prepayments)are recorded -
A)as debits to
Q11: To remove a recurring transaction -
A)recall the
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