Which of the following would be recorded in the sales day book?
A: Discounts allowed
B: Sales invoices
C: Credit notes received
D: Trade discounts
A: Discounts allowed
B: Sales invoices
C: Credit notes received
D: Trade discounts
举一反三
- Which of the following would be recorded in the sales day book?
- Ignoring sales tax, which of the following are the correct entries to post the total of the discounts received column in the cash book to the general ledger? A: DR discounts received, CR Purchases B: DR Payables control account, CR Discounts received C: DR Purchases, CR Discounts received D: DR Discounts received, CR Payable control account
- Which TWO of the following are credit entries in the receivables ledger control account? A: Cash paid to credit suppliers B: Discounts received C: Irrecoverable debts D: Sales returns from credit customers
- The balance on the receivables control account should be reconciled to which of the following? A: The sales day book B: The receivables ledger C: Invoices and remittance advices D: The cash book
- Which of the following would never be an analysis column heading on the credit side of the petty cash book? A: Sales tax B: Sundry C: Entertainment D: Sales