To record a sales transaction,use the following:
A)Create Purchase Order Receive Payment Make Deposit
B)Create Invoices Receive Payment Make Deposits
C)Create Invoices Create Sales Receipts Make Deposits
D)Receive Payment Create Sales Receipts Make Deposits

Question

To record a sales transaction,use the following:
A)Create Purchase Order > Receive Payment > Make Deposit
B)Create Invoices > Receive Payment > Make Deposits
C)Create Invoices > Create Sales Receipts > Make Deposits
D)Receive Payment > Create Sales Receipts > Make Deposits

Quizplus · Accepted Answer

To record a sales transaction, you typically create an invoice for the sale, receive the payment, and then make a deposit of the received payment into the bank.

To Record a Sales Transaction,use the Following