ACC 403 FINAL EXAM PART 2
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ACC 403 FINAL EXAM PART 2 1
Dernières notes et résumés ACC 403 FINAL EXAM PART 2
Question 1 The document that the accounting staff will use as the primary basis for recording sales transactions and updating the customer’s accounts receivable subsidiary ledger is the: Answer sales order. bill of lading. sales journal. sales invoice. Question 2 Which of the following is not one of the five classes of transactions included in the sales and collection cycle? Answer Sales returns and allowances Write-off of uncollectible accounts Bad debt expense Interest Income Question 3 The ...
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ACC 403 FINAL EXAM PART 2•ACC 403 FINAL EXAM PART 2
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Question 1 The document that the accounting staff will use as the primary basis for recording sales transactions and updating the customer’s accounts receivable subsidiary ledger is the: Answer sales order. bill of lading. sales journal. sales invoice. Question 2 Which of the following is not one of the five classes of transactions included in the sales and collection cycle? Answer Sales returns and allowances Write-off of uncollectible accounts Bad debt expense Interest Income Question 3 The ...