Which Department Prepares the Bill of Lading

question 22

Multiple Choice

Which department prepares the bill of lading?

• A)sales
• B)warehouse
• C)shipping
• D)credit

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Definitions:

Assets

Resources owned by a company that have economic value and can be converted into cash.

Liabilities

Financial obligations or debts that an entity owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Debits

Entries in accounting that represent an increase in assets and expenses or a decrease in liabilities, equity, and revenue.

Credits

Represents the amount of money or value added to an account or available for purchase on credit.