4) Listen The general ledger update in the order entry/sales process with a debit to Cost of goods sold and credit to Inventory is called the: a) estimated bad debts update b) cash receipts update c) write-off update Od) sales return update e) shipment of goods update
4) Listen The general ledger update in the order entry/sales process with a debit to Cost of goods sold and credit to Inventory is called the: a) estimated bad debts update b) cash receipts update c) write-off update Od) sales return update e) shipment of goods update
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter9: Database Management Systems
Section: Chapter Questions
Problem 23P
Related questions
Question
Sh15
![13
Listen
The general ledger update in the order entry/sales process with a debit to Cost of
goods sold and credit to Inventory is called the:
Oa) estimated bad debts update
b) cash receipts update
Oc) write-off update
d) sales return update
Oe) shipment of goods update](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9f3b46be-34e7-4754-b459-00910bda7a34%2F0d82f475-81b9-4ccd-b25b-00628f07ac6c%2Fosdrltv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:13
Listen
The general ledger update in the order entry/sales process with a debit to Cost of
goods sold and credit to Inventory is called the:
Oa) estimated bad debts update
b) cash receipts update
Oc) write-off update
d) sales return update
Oe) shipment of goods update
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 6 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting (Text Only)](https://www.bartleby.com/isbn_cover_images/9781285743615/9781285743615_smallCoverImage.gif)
Accounting (Text Only)
Accounting
ISBN:
9781285743615
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
![College Accounting, Chapters 1-27](https://www.bartleby.com/isbn_cover_images/9781337794756/9781337794756_smallCoverImage.gif)
College Accounting, Chapters 1-27
Accounting
ISBN:
9781337794756
Author:
HEINTZ, James A.
Publisher:
Cengage Learning,