When a Customer Pays Off the Balance on an Invoice,the

question 45

Multiple Choice

When a customer pays off the balance on an invoice,the payment is credited to the ________ file.

• A)customer master
• B)sales transaction
• C)cash receipts master
• D)All of the above are correct.

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Definitions:

Statute Of Frauds

A state statute under which certain types of contracts must be in writing to be enforceable.

Signed By Parties

Indicative of an agreement or document that has been formally endorsed or authenticated by those involved.

Title

A legal term signifying the formal right of ownership of property.

Movie Memorabilia

Objects related to films or their production, collected for their historical interest, emotional value, or financial investment.