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
Q3: When you pay a purchase invoice after
Q4: When correcting a sales quote error before
Q5: To enter additional information in journal transactions,you
Q6: When correcting a purchase order error before
Q7: From the daily business manager Recurring tab
Q9: Customer deposits (prepayments)are entered as -<br>A)positive amounts
Q10: Which one of the following general statements
Q11: To add a deposit amount to a
Q12: Payments Due in daily business manager lists
Q13: From the daily business manager lists screens