When a Sale Is Made to a Customer Who Pays

question 67

Multiple Choice

When a sale is made to a customer who pays with a check,the company records:

• A)A debit to Cash.
• B)A debit to Accounts Payable.
• C)A debit to Accounts Receivable.

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Definitions:

ISS

An abbreviation for the International Space Station, a large spacecraft in orbit around Earth serving as a home and research laboratory for astronauts.

Outsourcing

A business strategy where certain job functions or processes are contracted out to a third party.

HRIS

Human Resources Information System, a digital solution for managing and automating many HR tasks from payroll to employee performance monitoring.

Intelligence System

A computer-based system that collects, analyzes, and presents information to aid in decision-making and strategic planning.