Multiple Choice
If the session date is May 31st,what is the purpose of clearing paid customer invoices to April 30th -
A) to allow us to remove stored entries
B) to allow us to prepare customer statements for the previous month
C) to allow us to remove journal entries
D) to allow us to retain HST data for the previous month
Correct Answer:

Verified
Correct Answer:
Verified
Q2: You would use deposit reference no.when a
Q3: All but one of the following are
Q5: After adding all the prior outstanding transactions
Q7: Which one of the following general statements
Q10: When should you not display and print
Q13: Before using the deposit slip journal for
Q14: To set up the accounts for recording
Q20: Which one of the following general statements
Q21: To reconcile a credit card receivable account
Q25: Which one is not a procedure to