It is important that sales be billed and recorded in the journal as soon as possible after:
A) shipment takes place.
B) the order is received.
C) credit is approved and it is verified that there is enough inventory to fill the order.
D) the order is received and credit is approved.

Question

Quizplus · Accepted Answer

Sales should be billed and recorded in the journal as soon as possible after shipment takes place to ensure that revenue is recognized in the correct accounting period and to maintain accurate financial records.

It Is Important That Sales Be Billed and Recorded in the Journal