2. Indicate the order in which the following onscreen customers and sales transaction forms typically...
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Accounting
2. Indicate the order in which the following onscreen customers and sales transaction forms typically should be prepared.
Multiple Choice
a. Invoice > Sales Receipt > Bank Deposit
b. Invoice > Bank Deposit > Receive Payment
c. Invoice > Receive Payment > Bank Deposit
d. None of the choices are correct.
3.
When preparing a Sales Receipt, if we select Deposit to the Payments to Deposit account, then we must:
Multiple Choice
a. Create a Bank Deposit to move the customer payment from Payments to Deposit to the Checking account
b. Create a subsequent Invoice depositing the amount to the Checking account
c. Create a second Sales Receipt depositing the amount to the Checking account
d. No further action is required
No explain needed Please help me. Thank you!!
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