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Which of the Following Statements About Updating an Open Customer

Question 31

Multiple Choice

Which of the following statements about updating an open customer invoice file is correct?


A) Only cash sales are added.
B) Only credit sales are added.
C) Both cash and credit sales are added, but the cash sales are eliminated at the end of the accounting period.
D) Both cash and credit sales are added, because the file provides a source of sales history.

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