Accounting information flows through the various accounts in the sales and collection cycle in which order?
1) sales (cash and sales on account)2. cash receipts
3) providing for doubtful debts
4) sales returns and allowances
5) write-off of uncollectible accounts
A) 1, 3, 2, 4, 5
B) 1, 2, 3, 4, 5
C) 1, 2, 3, 5, 4
D) 1, 2, 4, 5, 3

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The Answer of Accounting information flows through the various accounts in the sales and collection cycle in which order?
1) sales (cash and sales on account)2. cash receipts
3) providing for doubtful debts
4) sales returns and allowances
5) write-off of uncollectible accounts
A) 1, 3, 2, 4, 5
B) 1, 2, 3, 4, 5
C) 1, 2, 3, 5, 4
D) 1, 2, 4, 5, 3

Accounting Information Flows Through the Various Accounts in the Sales