A. Bank account
B. Cash account
C. Credit account
D. None of these
Brief facts about this MCQs:
When goods are purchased on cash cash account will be credited. Similarly, when goods are purchased on credit from XYZ company, the name of the company that is XYZ will be credited.
Sales General Format
Invoice
ABC and Company______________________________________Invoice NO:
Address:_________________________________________________Date Issue: 12-12-2021 Due Date: 01-01-2022
Ph No:___________________________________________________Term: 2/10, N/30
Customer Name and Address:____________________________XYZ and Company
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| 5 |