Question no : 469 FI Sales Order Billing

TERP10 Quiz Unit 12 Financials Accounting

Upon Billing for a Sales Order, the basic accounting entry will be:

A)      Debit Customer, Credit Sales Revenue.

B)      Debit Customer, Credit Cost of Goods Sold.

C)      Debit Sales Revenue, Credit Customer.

D)      Debit Sales Revenue, Credit Cost of Goods Sold.

E)      Debit Customer, Credit Stock.

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