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Match Seven of the Terms for Documents and Records (A-K)with

Question 57

Matching

Match seven of the terms for documents and records (a-k)with the descriptions provided below (1-7):

Premises:

Responses:

A document indicating a reduction in the amount due from a customer because of returned goods or an allowance.

Sales order

A document mailed to the customer and typically returned to the seller with the cash payment.

Customer order form

A document used internally to indicate authority to write-off an account receivable as uncollectible.

Sales invoice

A document for communicating the description, quantity, and related information for goods ordered by a customer.This is frequently used to indicate credit approval and authorization for shipment.

Bill of lading

A document or electronic record indicating the description and quantity of goods sold, the price, freight charges, insurance, terms, and other relevant data.

Summary sales report

A document prepared to initiate shipment of goods, indicating the description of the merchandise, the quantity shipped, and other relevant data.It is a written contract between the carrier and seller of the receipt and shipment of goods.

Prelisting of cash receipts

A list prepared when cash is received by someone who has no responsibility for recording sales, accounts receivable, or cash, and has no access to the accounting records.It is used to verify whether cash received was recorded and deposited at the correct amounts and on a timely basis.

Uncollectible account authorization form

Monthly statement

Accounts receivable master file

Remittance advice

Credit memo

Premises:

A document indicating a reduction in the amount due from a customer because of returned goods or an allowance.

A document mailed to the customer and typically returned to the seller with the cash payment.

A document used internally to indicate authority to write-off an account receivable as uncollectible.

A document for communicating the description, quantity, and related information for goods ordered by a customer.This is frequently used to indicate credit approval and authorization for shipment.

A document or electronic record indicating the description and quantity of goods sold, the price, freight charges, insurance, terms, and other relevant data.

Responses:

Sales order

Customer order form

Sales invoice

Bill of lading

Summary sales report

Prelisting of cash receipts

Uncollectible account authorization form

Monthly statement

Accounts receivable master file

Remittance advice

Credit memo

Correct Answer:

Premises:

Responses:

Sales order

Customer order form

Sales invoice

Bill of lading

Summary sales report

Prelisting of cash receipts

Uncollectible account authorization form

Monthly statement

Accounts receivable master file

Remittance advice

Credit memo