Sales Documents Select whether each of the following documents or procedures is for a retail business or for a wholesale business, as described im 1. A cash register receipt is given to the customer. 2. Credit approval is required since sales are almost always "on account." 3. Three copies of the sales invoice are prepared: one for shipping, one for the customer (as a bill), and one for accounting. 4. A sales ticket is given to a customer and another copy is sent to accounting. 5. The sales process begins with a customer purchase order. 6. The sales invoice itemizes what is sold, its cost, and the total amount owed. Feedback Check My Work Think about how transactions are documented for retailers and wholesalers. Retailers usually sell to final consumers, whereas wholesalers tend te
Sales Documents Select whether each of the following documents or procedures is for a retail business or for a wholesale business, as described im 1. A cash register receipt is given to the customer. 2. Credit approval is required since sales are almost always "on account." 3. Three copies of the sales invoice are prepared: one for shipping, one for the customer (as a bill), and one for accounting. 4. A sales ticket is given to a customer and another copy is sent to accounting. 5. The sales process begins with a customer purchase order. 6. The sales invoice itemizes what is sold, its cost, and the total amount owed. Feedback Check My Work Think about how transactions are documented for retailers and wholesalers. Retailers usually sell to final consumers, whereas wholesalers tend te
Chapter1: Financial Statements And Business Decisions
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Sales Documents
Select whether each of the following documents or procedures is for a retail business or for a wholesale business, as described in
1. A cash register receipt is given to the customer.
2. Credit approval is required since sales are almost always "on account."
3. Three copies of the sales invoice are prepared: one for shipping, one for the customer (as a bill), and one for accounting.
4. A sales ticket is given to a customer and another copy is sent to accounting.
5. The sales process begins with a customer purchase order.
6. The sales invoice itemizes what is sold, its cost, and the total amount owed.
Feedback
Check My Work
Think about how transactions are documented for retailers and wholesalers. Retailers usually sell to final consumers, whereas wholesalers tend te
Check My Work
All work saved.
Email Instructor
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Transcribed Image Text:geNOWv2 | Online teachin X
eAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=&inprogress3false
nail
A D2L
O Facebook M Gmail
a Citation Guides - Bi.
CLA APA Overview and...
EasyBib: Free Biblio..
YouTube
eBook
Sales Documents
Select whether each of the following documents or procedures is for a retail business or for a wholesale business, as described in
1. A cash register receipt is given to the customer.
2. Credit approval is required since sales are almost always "on account."
3. Three copies of the sales invoice are prepared: one for shipping, one for the customer (as a bill), and one for accounting.
4. A sales ticket is given to a customer and another copy is sent to accounting.
5. The sales process begins with a customer purchase order.
6. The sales invoice itemizes what is sold, its cost, and the total amount owed.
Feedback
Check My Work
Think about how transactions are documented for retailers and wholesalers. Retailers usually sell to final consumers, whereas wholesalers tend te
Check My Work
All work saved.
Email Instructor
Save
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