A sales invoice:
A) Is a type of use document.
B) Is a source document.
C) Is not needed by buyers.
D) Gives rise to an entry in the accounting process.
E) Is not necessary in accounting.
Correct Answer:
Verified
Q29: A debit entry is always favorable.
Q32: A revenue account normally has a debit
Q32: A transaction that decreases an asset account
Q37: If a company pays cash to purchase
Q41: The accounting process begins with:
A)Analysis of business
Q45: Generally,the ordering of accounts in a trial
Q46: Another name for the balance sheet is
Q47: Posting is the transfer of the information
Q48: Source documents include all of the following
Q49: Transactions are first recorded in the ledger.
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