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Kindly help me answer this multiple choice - computerized accounting part 3 17. When a customer pays cash at the time of sale, what do
Kindly help me answer this multiple choice computerized accounting part
17. When a customer pays cash at the time of sale, what do you record? C) A) A sales receipt C) B) An invoice O C) A purchase order C) D) A thank you note 18. When a customer purchases products or service but does not pay at the point of sale, what do you record? O A) A sales receipt O B) An Invoice C) C) A purchase order C) D) A reminder 19. When a sale is recorded on an Invoice, QBO records a? C) A) Debit (increase) to cash C) B) Credit (increase) to owners contribution C) C) Debit (increase) to accounts receivable C) D) Credit (increase) to accounts payable 20. Accounts Receivable (AIR) are? O O O O A) B) C) D) Amounts totaling the net worth of a company Amounts paid to owners Amounts that customers owe your business Amounts owed to others and are future obligations
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