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10-20 434 CHAPTER 6-Sales and Receivables: Products, Sales Tax, and Service Items 6.13 When a customer quaifies for an early payment discount, you record the
10-20
434 CHAPTER 6-Sales and Receivables: Products, Sales Tax, and Service Items 6.13 When a customer quaifies for an early payment discount, you record the discount A On the original Invoice B. As a Journal entry C. On a new Invoice D. iIn the Sales Discount register 6.14 Payment Methods are created for A. Debit Cards B. MasterCard C. Visa D. All of the above The report that ists all of the unpaid invoices for each customer is the report. A. Customer Balance Summary B. Customer Balance Detail C. Collections report D. Open Inwoices 6.15. 6.16. A Customer Note, such as a dog's name, may be added by A. Edting the Individual Account B. Entering it in Add Nates in the Customer's Account C. Either A or B D. Entering the Note on an Invoice 6.17. A Sales Discount is calculated-sales tax A Betore B. After C. Before or After D. None of the above 6.18, when a customer returns an item from a sale on account, aln.-is completed. A. Retum Receipt B. Credit Mamo C. Invoice D. Sales Receipt 6.19. To record a sale and the paryment at the same time, you prepare ain) tom. A. Invoice B. Receive Payments C. Sales Receipt D. Both A and B 6.20. The Sales Tax Center must be set up to include the A Sales Tax Rate B. Name of the Sales Tax C. Agency collecting the Sales Tax D. All of the aboveStep by Step Solution
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