Customer Deposits and Prepayments to Suppliers Are Similar as -

question 27

Multiple Choice

Customer deposits and prepayments to suppliers are similar as -

• A) both increase the bank balance and use the same journal
• B) both are required when an order is placed
• C) both are entered as negative amounts because they reduce the amount owing
• D) both reduce the amount owing on the invoice

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Definitions:

Commute

The act of traveling from one's home to their place of work and back.

Urban Sprawl

The uncontrolled expansion of urban areas into the surrounding countryside, often leading to environmental and infrastructural issues.

Mortality Rate

A measure of the decrease in population due to deaths; often expressed as the number of deaths per 1,000 people in a particular population.

Fertility Rate

A measure of population growth through reproduction; often expressed as the number of births per 1,000 people in a particular population or the average number of children a woman would bear over a lifetime.