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17. A list of customers comprising outstanding balances with totals that should be equal to...

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Accounting

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17. A list of customers comprising outstanding balances with totals that should be equal to the balance of the controlling account in the general ledger. A. Schedule of Accounts Receivable B. Schedule of Accounts Payable C. Accounts Receivable D. Accounts Payable 18. A business form used to notify the appropriate people of the ordered goods received along with the quantities and specific condition of goods. A. Purchase Requisition B. Purchase Order C Invoice Approval Form D. Receiving Report 19. What is the purchase discount on terms 2/10, n/30 at the price of $8,000 paid within 10 days? A 160 B. 7840 C. 80 D. 800 20. What is sales returns and allowances normal balance? A. Credit B. Debit C. Right D. None 21. A book or file that contains, in alphabetical order, the names of the creditor and amount owed from purchases on account. A. Accounts Receivable Subsidiary Ledger B. Accounts Payable C Accounts Payable Subsidiary Ledger D. Accounts Receivable

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