Customer Deposits and Prepayments to Suppliers Are Similar as -

question 8

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:

Marketers

Professionals or organizations that promote, sell, and distribute products or services to potential customers.

Importance

The state or quality of being significant, valued, or necessary in a particular context or to a particular person or group.

Education Level

The highest degree or level of school completed by an individual, often used as a demographic variable in market segmentation and research.

Occupation

A person's job or profession, often defining one's skills and economic contribution.