Multiple Choice
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
Correct Answer:
Verified
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Q24: To enter additional information in journal transactions,
Q25: Which of the following general statements is
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Q28: Customer deposits (prepayments) are entered as -<br>A)
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