Which of the following documents is issued by a customer to provide information about the  nature of a payment made for goods or services?  a) A Remittance advice  b) A Credit Note c) An Invoice d) A Quotation

When a customer pays in advance for products or services, which of the following accounts is credited? a.Sales Revenue b.Cash c.Unearned Revenue d.Accounts Receivable

3. Give at least one example of each Merchandise transaction for a) Receipt b) Sales Invoice (Credit) c) Debit note d) Credit note e) Voucher

Which of the following is the correct journal entry to record a sale to a customer on account?   A) Debit Cash       Credit Sales   B) Debit Sales       Credit Accounts Receivable   C) Debit Accounts Receivable        Credit Cash   D) Debit Accounts Receivable         Credit Sales

When does a company recognize revenue for a sale of a gift card?

What is a promissory note, and what terms are normally included in promissorynotes?

Which of the following journal entry is correct for the transactions of goods returned by a customer? Sales returns (debit) Trade payables(credit) Sales returns (debit) Trade receivables(credit) Purchase returns (debit) Trade payables(credit) Purchase returns (debit) Trade receivables(credit

how to bill customer using accrual-basis accounting

In maintaining the accounts receivable, the method that applies a customer’s payment to the account balance without consideration of which unpaid invoices the customer is paying is: TurnaroundOpen-invoice Balance-forwardCycle billingMatching

Which of the following costs incurred internally to create an intangible asset is generallyexpensed? a. Research and development costs.b. Filing costs.c. Legal costs.d. All of the above.