Solved

Which One of the Following General Statements Is Correct -

Question 10

Multiple Choice

Which one of the following general statements is correct -


A) a sales discount is recorded as a negative amount in the receipts journal
B) a sale return is recorded as a negative amount in the sales journal
C) an advance from a customer is entered as a negative amount in the receipts journal
D) all of the above statements are correct

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions