Microsoft
MB3-701 · Question #17
You receive a cash payment from a customer before a sales invoice is produced What should you do with the payment?
The correct answer is D. Create a cash receipt, but leave the cash receipt as unapplied until you create the invoice. See the full explanation below for the reasoning.
Question
You receive a cash payment from a customer before a sales invoice is produced What should you do with the payment?
Options
- AKeep the cash until you create an invoice, but do not create a cash receipt.
- BCreate a cash receipt and apply to open documents.
- CReturn the cash to the customer until you create an invoice, but do not create a cash receipt.
- DCreate a cash receipt, but leave the cash receipt as unapplied until you create the invoice.
How the community answered
(22 responses)- A5% (1)
- B14% (3)
- C5% (1)
- D77% (17)
Community Discussion
No community discussion yet for this question.