Which of the Following Are Key Data in an Invoice

question 45

Multiple Choice

Which of the following are key data in an invoice?

• A) Requested Delivery Date
• B) Order and received quantity
• C) Prices of the material ordered
• D) Invoice Date
• E) FOB

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Definitions:

Accounts

Records of financial transactions pertaining to specific assets, liabilities, equity, revenues, and expenses within an organization.

Compound Entry

A type of journal entry in accounting that involves more than two accounts, with multiple debits, credits, or both.

Journalizing

The process of recording business transactions in the journal of accounting as part of the double-entry bookkeeping system.

Simple Entry

A journal entry that involves only two accounts.