Customer deposits and prepayments to suppliers are similar as -
A) both increase the bank balance and use the same journal
B) both are required when an order is placed
C) both are entered as negative amounts because they reduce the amount owing
D) both reduce the amount owing on the invoice
Correct Answer:
Verified
Q13: The purchase order and the purchase invoice
Q14: When customers settle their accounts in full
Q15: When you convert a purchase quote to
Q16: Debit card payments in a sales invoice
Q17: When correcting a sales quote error before
Q19: When correcting a purchase order error before
Q20: Which of the following statements is true
Q21: When using quotes and orders,Sage 50 Accounting
Q22: When you are converting a purchase quote
Q23: When a regular account customer makes a
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