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Q-7-4c. Cash Sales A customer purchases inventory from Craigs Design and Landscaping Services and pays by check on the same date as the sale. The
Q-7-4c.
Cash Sales A customer purchases inventory from Craigs Design and Landscaping Services and pays by check on the same date as the sale. The company does not deposit the check on the same day. Which general ledger account is the correct one to select in the Deposit to box of the Sales Receipt window for this transaction?
Please add a checkmark next to the correct answer(s).
1 Accounts Receivable
2 Cash/Checking
3 Savings
4 Undeposited Funds/Payments to Deposit
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