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QUESTION 15 The following data is a structure followed by a description for accounts receivable file of XYZ Company: Customer Number Customer Name Address Credit
QUESTION 15 The following data is a structure followed by a description for accounts receivable file of XYZ Company: Customer Number Customer Name Address Credit Balance Limit 19283 P&G $30,000 $24,750 35794 E&Y P.O. Box 7 Nasr City $45,000 $12,000 56987 PWC New Cairo $25,000 $24,900 Use the above data to answer the following: 1- The accounts receivable file can be named accounts receivable transaction file or accounts receivable master file. True False 2- " 35794", the code number of E&Y, can be named data value False True 3- "$61, 650" is the balance of accounts receivable in general ledger master file True False 4- " $2,000", sales to P&G" should be debited to sales account and credited to P& G account. True False For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). V I. X In V VE V V Arial 10pt B AA Paragraph BIUS >
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