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
18,410,454 questions answered
Popular Conversations
. What is the value of 4 cubed? A. 24 B. 43 C. 64 ...
Weegy: The answer is C. 125,000,000 User: What is the value of 324? A. 1,048,576 B. 18 C. 128 D. ...
11/22/2014 4:52:09 PM| 3 Answers
Who is the prime minister of India?
Weegy: Manmohan Singh is the 13th and current Prime Minister of India. User: National flower of India?
11/22/2014 1:28:06 AM| 2 Answers
One of the major advantages of VANs is cost. True or False
Weegy: What is false? Do you have a question for Weegy? User: True or False One of the major advantages of VANs is ...
11/22/2014 2:06:05 AM| 2 Answers
293.55 is 51.5% of what number?
11/22/2014 3:36:30 AM| 2 Answers
When purchasing merchandise for resale for cash, record the ...
Weegy: User: When purchasing merchandise for resale for cash, record the transaction in the Answer: Business documents ...
11/22/2014 6:52:09 AM| 2 Answers
The _____ is the smallest interval in Western music. half ...
Weegy: In Western music, intervals are most commonly differences between notes of a diatonic scale. User: Which types ...
11/22/2014 9:44:17 AM| 2 Answers
Which of the following best describes the advantage of having data ...
Weegy: a. The number of digits that can be included within the data best describes the advantage of having data ...
11/22/2014 11:03:31 AM| 2 Answers
Dissonant harmonies tend to resolve to consonant ...
Weegy: Dissonant harmonies tend to resolve to consonant harmonies. This is false. User: Woodwinds and _____ are wind ...
11/22/2014 3:43:53 PM| 2 Answers
A colon can be used to combine two clauses when you use it to ...
Weegy: A colon can be used to combine two clauses when you use it to represent the word is letter c. and h
11/22/2014 3:31:35 PM| 2 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2298 [Total 14009]| Ratings 10| Comments 2198| Invitations 0|Offline
S
L
Points 1276 [Total 3562]| Ratings 0| Comments 1276| Invitations 0|Offline
S
L
Points 694 [Total 1215]| Ratings 6| Comments 634| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 685 [Total 14059]| Ratings 0| Comments 685| Invitations 0|Offline
S
Points 435 [Total 467]| Ratings 1| Comments 425| Invitations 0|Offline
S
1
L
L
Points 211 [Total 6605]| Ratings 0| Comments 211| Invitations 0|Offline
S
L
Points 150 [Total 1446]| Ratings 3| Comments 120| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 46 [Total 46]| Ratings 3| Comments 6| Invitations 1|Offline
S
Points 40 [Total 40]| Ratings 4| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.