The Document That the Accounting Staff Will Use as the Primary

question 38

Multiple Choice

The document that the accounting staff will use as the primary basis for recording sales transactions and updating the customers accounts receivable subsidiary ledger is the:

• A)sales order.
• B)bill of lading.
• C)sales journal.
• D)sales invoice.

---

Definitions:

Negotiation

The process of discussing and arriving at a mutual agreement between parties, often involving compromise or the making of concessions.

Holder

An individual or entity that possesses or controls a negotiable instrument, security, or other similar documents, legally recognized as entitled to the benefits of ownership.

Automated Signature

A computer-generated signature used to authenticate documents or transactions electronically.

Signature Requirement

A legal stipulation that certain documents must be signed to be recognized as valid or to enter into effect.