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1Z0-518 · Question #9

A receipt of $2,000 Is received for an Invoice that has $1,500 as the amount due. The remittance advice does not state a reason for the overpayment Identify the receipt state that should be displayed;

The correct answer is B. unapplied. Receivables-Fundamentals

Receipts

Question

A receipt of $2,000 Is received for an Invoice that has $1,500 as the amount due. The remittance advice does not state a reason for the overpayment Identify the receipt state that should be displayed;

Options

  • Aapplied
  • Bunapplied
  • Con-account
  • Dunidentified
  • Epartially applied

How the community answered

(56 responses)
  • A
    7% (4)
  • B
    77% (43)
  • C
    2% (1)
  • D
    4% (2)
  • E
    11% (6)

Explanation

Receivables-Fundamentals

Topics

#receipt states#overpayment#unapplied receipts#remittance advice

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