Customer Deposits (Prepayments) Are Entered as -

question 28

Multiple Choice

Customer deposits (prepayments) are entered as -

• A) positive amounts in the sales journal
• B) positive amounts in the receipts journal
• C) negative amounts in the receipts journal
• D) none of the above

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Definitions:

Resin Bonding

A technique involving the adhesion of materials using a synthetic or natural resin to bind components together.

Open Circuit

A condition in an electrical circuit where there is a break in the circuit path, preventing current from flowing.

Short Circuit

An electric circuit that contains no resistance to limit the flow of current.

Carbon Film

A type of resistor made by depositing a thin layer of carbon on an insulating substrate, known for stability and low noise.