Question
When using a revenue journal, a. postings to customer accounts are done at month's end b. revenues are normally recorded when the company sends customer
When using a revenue journal,
a. postings to customer accounts are done at month's end
b. revenues are normally recorded when the company sends customer invoices
c. separate "Fees Earned" and "Accounts Receivable" columns are included
d. both cash sales and sales on account are recorded in the journal
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A History Of Accountancy In The United States
Authors: Gary John Previts, Barbara Dubis Merino
98th Edition
0814207286, 978-0814207284
