Describe the nature of the following documents and records and explain their use in the sales and collection cycle: customer order, sales invoice, prelisting of cash receipts, and monthly statement to customers.
1. Describe the nature of the following documents and records and explain their use in the sales and collection cycle: customer order, sales invoice, prelisting of cash receipts, and monthly statement to customers. 2. What is the role of the shipping document in invoicing customers? What are the most important management assertions related to customer […]