The document that the accounting staff will use as the primary basis for recording sales transactions and updating the customers accounts receivable subsidiary ledger is the:
A)sales order.
B)bill of lading.
C)sales journal.
D)sales invoice.

Question

Quizplus · Accepted Answer

The sales invoice is the document that requests payment for a sale and provides the details of the transaction, including quantity, price, and terms of sale. It is the primary document used for recording sales transactions and updating the customers' accounts receivable subsidiary ledger, which tracks each individual customer's account balances. The other options, such as the sales order, bill of lading, and sales journal, may be used in the sales process, but they are not typically used for recording transactions or updating customer accounts.

The Document That the Accounting Staff Will Use as the Primary