question archive 19) In order to properly complete the Make Deposits form, which ?elds must include an entry? 20
19) In order to properly complete the Make Deposits form, which ?elds must include an entry? 20
Subject:AccountingPrice: Bought3
19) In order to properly complete the Make Deposits form, which ?elds must include an entry? 20. 21. 22. 23. 24. 25. 26. 9.0.05» Deposit To, Received From, Amount, Class Deposit To, Received From, From Account, Amount Deposit To, Date, Received From, From Account, Amount Deposit To, Received From, From Account, Amount, Class Which of the following statements about accrual accounting is true? a. b. C. d. Accmal ?nancial reports rely upon the payment dates, not the transaction dates. Acanal accounting posts costs in a reporting period that is different from the period which accounts for the revenue the costs generate. Accmal accounting posts transactions on the date money changes hands, not when services or products change hands. Acanal ?nancial reports rely upon the transaction dates, not the payment dates. Which part of an item cannot be changed after you save the entry? a. b. c. d. Account Description Item NamefN umber Type In which scenario would a business offer customers different prices for the same product or service? a. b. C. d. Items are sent from the manufacturer to vendors via different shipping methods. Manufacturers provide volume discounts to vendors. Customers have contractual agreements with the business. Vendors store merchandise in multiple warehouses. Which action prevents list entries from being deleted? a. b. c. d. Editing the list entry Merging the list entry Creating the list entry Using the list entry in a transaction What should you do when you have two records that represent the same entity, but both entries have been used in transactions? b. c. d Merge the two records. Delete the two records. Merge the transactions that use the entity. Delete the transactions that use the entity. Which statement re?ects a valid reason for issuing a vendor credit? a. b. c. d. The vendor increases their bill. The vendor reduces their prices. The vendor owes the business for damages. The vendor sent too much merchandise. A customer advance payment occurs when a b. c. d a customer pays for merchandise after it is shipped and they are invoiced a customer returns merchandise after they are invoiced a customer pays for merchandise before it is shipped and they are invoiced a customer cancels an order after the merchandise has been shipped
