You have new items in your feed. Click to view.
Question and answer
A common approach to keeping a record of each customer's account receivable is to use a subsidiary accounts receivable ledger. (Points : 3) True False
A common approach to keeping a record of each customer's account receivable is to use a subsidiary accounts receivable ledger. True.
Get an answer
Original conversation
User: A common approach to keeping a record of each customer's account receivable is to use a subsidiary accounts receivable ledger. (Points : 3) True False

Weegy: A common approach to keeping a record of each customer's account receivable is to use a subsidiary accounts receivable ledger. True.
bryboyhero|Points 230|

User: Merchandise inventory at the beginning of the period minus purchases plus merchandise inventory at the end of the period equals cost of goods sold for the period. (Points : 3) True False

User: FOB destination means free on board at origin of the shipment. (Points : 3) True False

User: Assume the gross amount of an invoice is $100 and a discount of 20% is allowed. The amount of the trade discount totals (Points : 3) $20. $65. $40. $80.

Weegy: The amount of the trade discount totals is: d. $80.
bolingit|Points 156|

User: A record used to keep the amount owed to each supplier is called a(n) (Points : 3) accounts receivable ledger. accounts payable ledger. transportation ledger. general ledger for accounts payable.

User: A common approach to keeping a record of each customer's accounts receivable is to use a(n) (Points : 3) sales journal. accounts receivable ledger. general ledger. controlling account.

Weegy: Special Journals are designed to facilitate the process of journalizing and posting transactions. They are used for the most frequent transactions in a business. [ For example, in merchandising businesses, companies acquire merchandise from vendors, and then in turn sell the merchandise to individuals or other businesses. Sales and purchases are the most common transactions for the merchandising businesses. A business such as a retail store will record the following transactions many times a day for sales on account and cash sales. ]
nlewis123|Points 180|

User: . Special journals enable a substantial time savings and make for a more efficient posting process. (Points : 3) True False



Weegy: Special journals enable a substantial time savings and make for a more efficient posting process.-is True.
Expert answered|emdjay23|Points 2376|

Question
Asked 9/24/2013 6:41:14 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
When Bufferin advertises that its products have a greater pain-relieving effect than aspirin or Tylenol, it is using _____ advertising. (Points : 2) cooperative comparative advocacy institutional
Weegy: When Bufferin advertises that its products have a greater pain-relieving effect than aspirin or Tylenol, it is using comparative advertising. (More)
Question
Expert Answered
Asked 9/25/2013 12:48:28 PM
0 Answers/Comments
26,189,729 questions answered
Popular Conversations
Used in MLA style instead of noting each source at the bottom of the ...
Weegy: All fields of research agree on the need to document scholarly borrowings, but documentation conventions vary ...
9/24/2016 7:39:25 PM| 3 Answers
What are variable pay plans?
9/24/2016 1:46:45 AM| 1 Answers
Performance incentives include all the following EXCEPT Options ...
Weegy: Performance incentives include all the following EXCEPT? Performance incentives include all the following ...
9/24/2016 1:55:56 AM| 1 Answers
this vitamin includes eight different forms, all of which are ...
Weegy: Antioxidant is a substance that inhibits oxidation, especially one used to counteract the deterioration of ...
9/24/2016 6:48:14 AM| 1 Answers
Define mycosis
9/24/2016 7:01:15 AM| 1 Answers
Weegy Stuff
S
L
P
P
P
P
P
L
Points 939 [Total 5011] Ratings 2 Comments 919 Invitations 0 Offline
S
P
1
L
Points 663 [Total 1543] Ratings 5 Comments 613 Invitations 0 Offline
S
Points 205 [Total 499] Ratings 0 Comments 205 Invitations 0 Offline
S
Points 100 [Total 100] Ratings 0 Comments 100 Invitations 0 Offline
S
L
P
Points 97 [Total 1209] Ratings 0 Comments 97 Invitations 0 Offline
S
Points 72 [Total 72] Ratings 0 Comments 72 Invitations 0 Offline
S
Points 30 [Total 30] Ratings 3 Comments 0 Invitations 0 Offline
S
L
Points 25 [Total 4250] Ratings 1 Comments 15 Invitations 0 Offline
S
L
P
P
P
Points 13 [Total 3875] Ratings 0 Comments 13 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.