How many transactions occur from an invoice when selling products to a customer on account? A. One B. Three C. TWO D. Five

What can an invoice number be used for?

A. To settle a dispute.

B. To find the Accounts Payable account related to the invoice.

C. To show the cash transaction related to the account.

D. To identify the bar-code for the product the company sold you.

The Accounting Cycle ends with which of the following?

A. Recording transactions in Journal Entries.

B. A Post Closing Trial Balance

C. Occurence of a transaction

D. None of the Above

The Accounting Cycle begins with which of the following?

A. Occurence of a transaction

B. Including transactions in financial statements

C. Recording Journal Entries

D. None of the Above