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True or False Quiz
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1
In Chapter 6, documents trigger transaction analysis.
A)True
B)False
2
A remittance is the action of sending money in payment of a bill.
A)True
B)False
3
To make sure you are starting in the correct place, display the 11/2/20XX to 11/30/20XX trial balance.
A)True
B)False
4
In Chapter 6, all transactions occurred during November.
A)True
B)False
5
When customer payments are received, use the Sales Receipts window.
A)True
B)False
6
Credit card receipts are entered on the Sales Receipts page or window.
A)True
B)False
7
Bills show a purchase amount as well as a remittance amount.
A)True
B)False
8
Vendor payments are made on the Bill or invoice window.
A)True
B)False
9
Sales on account are recorded on the Purchase Invoice window or page.
A)True
B)False
10
The inventory valuation summary shows all purchases made on account.
A)True
B)False





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