QuickBooks Pro

Business

Quiz 5 :
Sales and Receivables

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Quiz 5 :
Sales and Receivables

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A report showing all sales, credits, and payments for each customer on account and the remaining balance on the account is the___________. Answer: Customer Balance Detail report. Explanation: Customer balance detail report shows the user exact amount each customer owes.

Information regarding details of a customer's balance may be obtained by viewing the Customer Balance Detail Report. Answer: (C) the customer balance detail report Explanation: The information in customer balance detail report are name, all invoices with a balance, date of the invoice, invoice number, amount of each invoice, total balance due from each customer, and the balance after each invoice.