A: Discounts allowed
B: Sales invoices
C: Credit notes received
D: Trade discounts
举一反三
- Which of the following would be recorded in the sales day book?
- Ignoring sales tax, which of the following are the correct entries to post the total of the discounts received column in the cash book to the general ledger? A: DR discounts received, CR Purchases B: DR Payables control account, CR Discounts received C: DR Purchases, CR Discounts received D: DR Discounts received, CR Payable control account
- Which TWO of the following are credit entries in the receivables ledger control account? A: Cash paid to credit suppliers B: Discounts received C: Irrecoverable debts D: Sales returns from credit customers
- The balance on the receivables control account should be reconciled to which of the following? A: The sales day book B: The receivables ledger C: Invoices and remittance advices D: The cash book
- Which of the following would never be an analysis column heading on the credit side of the petty cash book? A: Sales tax B: Sundry C: Entertainment D: Sales
内容
- 0
Net sales is calculated by A: subtracting cost of sales from sales. B: subtracting sales returns and sales discounts from sales. C: subtracting sales returns, cost of sales, and sales discounts from sales. D: subtracting gross profit from sales.
- 1
Which of the following would not be found on the credit side of the receivables control account? A: Irrecoverable debts B: Sales C: Cash received D: Returns
- 2
Which is the source document for sales day book. A: Credit notes B: Invoice C: Purchase order D: Petty cash voucher
- 3
Which of the following promotion categories is most likely to include the use of displays, discounts, coupons, and demonstrations? A: sales promotion B: direct marketing C: horizontal diversification D: public relations
- 4
Which of the following is NOT information from a purchase invoice that is entered into the purchase day book? A: Supplier name B: Sales tax amount C: Settlement discount received from a supplier D: Gross amount